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11-141/4 - Do Experts incorporate Statistical Model Forecasts and should they?


  • Authors
    Rianne Legerstee, Erasmus University Rotterdam; Philip Hans Franses, Erasmus University Rotterdam; Richard Paap, Erasmus University Rotterdam
  • Publication date
    October 4, 2011
  • Keywords
    model forecasts, expert forecasts, forecast adjustment, Bayesian analysis, endogeneity
  • JEL
    C11, C53