Mathematics

Research on Superior Combination Forecasting Model Based on Forecasting Effective Measure

tlooto Summary

New concepts for combination forecasting models are proposed, including superior combination forecasting and dominant forecasting methods, with sufficient conditions for existence discussed.

Abstract

New concepts are proposed for the combination forecasting effective measure models: superior combination forecasting, dominant forecasting method and redundant measure. Then it is pointed that simple average combination forecasting method is at least noninferior combination forecasting. A sufficient condition of existence about superior combination forecasting is also discussed. Finally redundant information is given in the two determining theorems.

Citation format

CHEN, Huahong. Research on superior combination forecasting model based on forecasting effective measure. Journal of University of Science and Technology of China, 2002.