The value of feedback in forecasting competitions
journal contributionposted on 2022-11-04, 03:47 authored by George Athanasopoulos, Rob J Hyndman
In this paper we challenge the traditional design used for forecasting competitions. We implement an online competition with a public leaderboard that provides instant feedback to competitors who are allowed to revise and resubmit forecasts. The results show that feedback significantly improves forecasting accuracy.