Recalibrating probabilistic forecasts to improve their accuracy
The accuracy of human forecasters is often reduced because of incomplete information and cognitive biases that affect the judges. One approach to improve the accuracy of the forecasts is to recalibrate them by means of non-linear transformations that are sensitive to the direction and the magnitude...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Cambridge University Press
2022-01-01
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Series: | Judgment and Decision Making |
Subjects: | |
Online Access: | http://journal.sjdm.org/21/210914/jdm210914.pdf |