Living in a world of low levels of predictability

Makridakis, Spyros ; Taleb, Nassim (2009)

Article

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 accepting such inaccurate predictions, while putting forwards a number of ideas aimed at a complex world where accurate forecasting is impossible and where uncertainty reigns.

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2009 International Institute of Forecasters. Published by Elsevier B.V. All rights reserved.
Except where otherwise noted, this item's license is described as 2009 International Institute of Forecasters. Published by Elsevier B.V. All rights reserved.