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