Monash University
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The value of feedback in forecasting competitions

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journal contribution
posted 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.

History

Classification-JEL

C53,L83

Creation date

2011-02-09

Working Paper Series Number

3/11

Length

8 pages

File-Format

application/pdf

Handle

RePEc:msh:ebswps:2011-3

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