Why should i trust your forecasts?

Date
2012
Authors
Gönül, M. S.
Önkal D.
Goodwin, P.
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Source Title
Foresight: the international journal of applied forecasting
Print ISSN
1555-9068
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Publisher
International Institute of Forecasters
Volume
Issue
27
Pages
5 - 9
Language
English
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Abstract

Preview Mistrust is a serious problem for organizations. So much has been written about functional biases and misaligned incentives that one wonders how anyone can trust a forecast provider. Well, now we have some studies that shed new light on the factors that can build or impede trust in forecasting. In this article, Sinan, Dilek, and Paul discuss the latest research findings on the steps you can take to improve trust and reduce dysfunctional behavior in the forecast function. Their conclusions offer a check list of steps to eliminate or at least minimize the element of mistrust in your forecasts.

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Published Version (Please cite this version)