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Forecasting and its Beneficiaries

Rostami-Tabar, Bahman ORCID: and Boylan, John 2022. Forecasting and its Beneficiaries. Salhi, Said and Boylan, John, eds. The Palgrave Handbook of Operations Research, Palgrave Macmillan, pp. 695-717. (10.1007/978-3-030-96935-6_21)

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This chapter addresses the question of who benefits from forecasting, using ’Forecasting for Social Good’ as a motivating framework. Barriers to broadening the base of beneficiaries are identified, and some parallels are drawn with similar concerns that were expressed in the Operational Research literature some years ago. A recent initiative, called ‘Democratising Forecasting’, is discussed, highlighting its achievements, challenges, limitations and future agenda. Communication issues between the major forecasting stakeholders are also examined, with pointers being given for more effective communications, in order to gain the greatest benefits.

Item Type: Book Section
Date Type: Published Online
Status: Published
Schools: Business (Including Economics)
Subjects: H Social Sciences > HA Statistics
Publisher: Palgrave Macmillan
ISBN: 978-3-030-96935-6
Last Modified: 19 Dec 2022 10:45

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