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      • Theses - Department of Management
      • Dept. of Management - Master's degree
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      Effects of feedback on financial forecasting

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      Author(s)
      Dirimtekin, Serra
      Advisor
      Önkal, Dilek
      Date
      1996
      Publisher
      Bilkent University
      Language
      English
      Type
      Thesis
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      Abstract
      The objective of this study is to examine the effects o f feedback on financial forecasting. In particular, the effects o f simple outcome feedback and cahbration feedback as a type of perfonuance feedback on the accuracy of probabilistic forecasts of stock pi iccs and market indices in dichotomous format are analyzed. The study is conducted on subjects comprised of undergraduate and graduate students from the Faculty of Business Administration at Bilkent University. The results indicate that feedback, especially calibration feedback, has a considerable effect on the performance o f forecasters. ImpUcations of these findings for financial forecasting are discussed and directions for future research are given.
      Keywords
      Judgment
      judgmental forecasting
      probabiUstic forecasting
      stock price forecasting
      financial forecasting
      feedback
      calibration feedback
      Permalink
      http://hdl.handle.net/11693/17840
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      • Dept. of Management - Master's degree 318
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