You are currently viewing a new version of our website. To view the old version click .

Forecasting, Volume 4, Issue 1

March 2022 - 22 articles

Cover Story: Many households are in a state of economic fragility and can benefit from accurate estimations of future expenses and savings. However, judgmental forecasts such as these are notoriously biased: people are overoptimistic and present-oriented. In this study, we employ two types of nudges (eliciting implementation intentions and precommitment strategies) to enhance people’s financial awareness with regard to financial risks. Our results suggest that people change their forecasts after reading scenarios about risky events that may increase expenses or limit income, under high-, low- and even zero-risk conditions. We find adjustment behavior to be elicited by the mere salience of the potential risk, by dividing savings into explicitly different categories according to targets and by using different wordings. View this paper
  • Issues are regarded as officially published after their release is announced to the table of contents alert mailing list .
  • You may sign up for email alerts to receive table of contents of newly released issues.
  • PDF is the official format for papers published in both, html and pdf forms. To view the papers in pdf format, click on the "PDF Full-text" link, and use the free Adobe Reader to open them.

Articles (22)

  • Article
  • Open Access
4 Citations
4,976 Views
15 Pages

18 March 2022

We propose a functional time series method to obtain accurate multi-step-ahead forecasts for age-specific mortality rates. The dynamic functional principal component analysis method is used to decompose the mortality curves into dynamic functional pr...

  • Article
  • Open Access
4 Citations
4,514 Views
23 Pages

15 March 2022

Demographic change is leading to the aging of German society. As long as the baby boom cohorts are still of working age, the working population will also age—and decline as soon as this baby boom generation gradually reaches retirement age. At...

  • Article
  • Open Access
3 Citations
5,242 Views
22 Pages

Application of Agent-Based Modeling in Agricultural Productivity in Rural Area of Bahir Dar, Ethiopia

  • Sardorbek Musayev,
  • Jonathan Mellor,
  • Tara Walsh and
  • Emmanouil Anagnostou

13 March 2022

Effective weather forecast information helps smallholder farmers improve their adaptation to climate uncertainties and crop productivity. The main objective of this study was to assess the impact of weather forecast adoption on crop productivity. We...

  • Article
  • Open Access
6 Citations
3,471 Views
11 Pages

Irradiance Nowcasting by Means of Deep-Learning Analysis of Infrared Images

  • Alessandro Niccolai,
  • Seyedamir Orooji,
  • Andrea Matteri,
  • Emanuele Ogliari and
  • Sonia Leva

4 March 2022

This work proposes and evaluates a method for the nowcasting of solar irradiance variability in multiple time horizons, namely 5, 10, and 15 min ahead. The method is based on a Convolutional Neural Network structure that exploits infrared sky images...

  • Article
  • Open Access
4 Citations
5,709 Views
28 Pages

Do Risky Scenarios Affect Forecasts of Savings and Expenses?

  • Shari De Baets,
  • Dilek Önkal and
  • Wasim Ahmed

21 February 2022

Many people do not possess the necessary savings to deal with unexpected financial events. People’s biases play a significant role in their ability to forecast future financial shocks: they are typically overoptimistic, present-oriented, and ge...

  • Article
  • Open Access
1 Citations
3,486 Views
32 Pages

18 February 2022

In this paper, we conduct a thorough investigation of the predictive ability of forward and backward stepwise regressions and hidden Markov models for the futures returns of several commodities. The predictive performance relative a standard AR(1) be...

  • Article
  • Open Access
19 Citations
4,642 Views
13 Pages

13 February 2022

Image classification is widely used to build predictive models for breast cancer diagnosis. Most existing approaches overwhelmingly rely on deep convolutional networks to build such diagnosis pipelines. These model architectures, although remarkable...

  • Article
  • Open Access
11 Citations
4,911 Views
24 Pages

High-Resolution Gridded Air Temperature Data for the Urban Environment: The Milan Data Set

  • Giuseppe Frustaci,
  • Samantha Pilati,
  • Cristina Lavecchia and
  • Enea Marco Montoli

8 February 2022

Temperature is the most used meteorological variable for a large number of applications in urban resilience planning, but direct measurements using traditional sensors are not affordable at the usually required spatial density. On the other hand, spa...

  • Article
  • Open Access
5 Citations
5,485 Views
19 Pages

4 February 2022

As the availability of big data-sets becomes more widespread so the importance of motif (or repeated pattern) identification and analysis increases. To date, the majority of motif identification algorithms that permit flexibility of sub-sequence leng...

of 3

Get Alerted

Add your email address to receive forthcoming issues of this journal.

XFacebookLinkedIn
Forecasting - ISSN 2571-9394