Judgmental adjustments and scenario use: Individual versus group forecasts

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Judgmental adjustments to model forecasts are common in organizations. Given that such adjustments may not always enhance forecast accuracy, it is essential to provide support tools to improve communication and information sharing between forecasters and decision-makers. Scenarios provide a possible toolbox to aid this process. Current work outlines a series of experiments investigating the effects of providing a set of scenarios as forecast advice on individual and group-based judgmental predictions. Findings suggest key directions for designing and implementing effective forecast management systems to benefit both the providers and users of forecasts.
Original languageEnglish
Publication statusPublished - 27 Oct 2020
EventISF 2020: 40th International Symposium on Forecasting - Virtual, Rio de Janeiro, Brazil
Duration: 26 Oct 202028 Oct 2020


ConferenceISF 2020
CityRio de Janeiro
Internet address


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