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Review of Nature-Inspired Forecast Combination Techniques.

Lemke, C. and Gabrys, B., 2007. Review of Nature-Inspired Forecast Combination Techniques. In: NiSIS'2007 Symposium: 3rd European Symposium on Nature-inspired Smart Information Systems, 26- 27 November 2007, St Julian's, Malta.

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Effective and efficient planning in various areas can be significantly supported by forecasting a variable like an economy growth rate or product demand numbers for a future point in time. More than one forecast for the same variable is often available, leading to the question whether one should choose one of the single models or combine several of them to obtain a forecast with improved accuracy. In the almost 40 years of research in the area of forecast combination, an impressive amount of work has been done. This paper reviews forecast combination techniques that are nonlinear and have in some way been inspired by nature.

Item Type:Conference or Workshop Item (Paper)
Group:Faculty of Science & Technology
ID Code:8518
Deposited On:21 Dec 2008 16:45
Last Modified:14 Mar 2022 13:19


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