The value of feedback in forecasting competitions
In this paper we challenge the traditional design used for forecasting competitions. We implement an online competition with a public leaderboard that provides instant feedback to competitors who are allowed to revise and resubmit forecasts. The results show that feedback significantly improves forecasting accuracy.
Cite
@article{AH11,
author = {George Athanasopoulos and Rob J Hyndman},
doi = {10.1016/j.ijforecast.2011.03.002},
journal = {International J Forecasting},
number = {3},
pages = {845--849},
publisher = {Elsevier B.V.},
title = {The value of feedback in forecasting competitions},
volume = {27},
year = 2011
}