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Decision making and planning under low levels of predictability
(Elsevier Ltd, 2009)
This special section aims to demonstrate the limited predictability and high level of uncertainty in practically all important
areas of our lives, and the implications of this. It summarizes the huge body of solid empirical ...
Forecasting and uncertainty in the economic and business world
(Elsevier, 2009)
Forecasts are crucial for practically all economic and business decisions. However, there is a mounting body of empirical evidence showing that accurate forecasting in the economic and business world is usually not possible. ...
Living in a world of low levels of predictability
(Elsevier, 2009)
This conclusion aims to summarize the major issues surrounding forecasting, as well as the extensive empirical evidence
proving our inability to accurately predict the future. In addition, it discusses our resistance to ...