Abstract
Judgemental forecasting techniques are extensively used in business and industry (eg. Dalrymple, 1987; Klein and Linneman, 1984). Currency forecasting is no exception. Professionals in the currency market often rely on judgement alone or, at the very least, incorporate some sort of subjective procedure into their forecasts. Despite this, however, academic research has tended to focus on the behaviour of statistical models and has neglected what appears to be the most important aspect of real-world forecasting: human judgement.
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© 1994 Physica-Verlag Heidelberg
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Wilkie, M.E., Pollock, A.C. (1994). Currency Forecasting: An Investigation Into Probability Judgement Accuracy. In: Peccati, L., Virén, M. (eds) Financial Modelling. Contributions to Management Science. Physica-Verlag HD. https://doi.org/10.1007/978-3-642-86706-4_22
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DOI: https://doi.org/10.1007/978-3-642-86706-4_22
Publisher Name: Physica-Verlag HD
Print ISBN: 978-3-7908-0765-3
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