The Bayesian approach to the combination of forecasts: some extensions into a skewed environment.

Janssens, Gerrit K.. "The Bayesian approach to the combination of forecasts: some extensions into a skewed environment.." Trabajos de Estadística 2.2 (1987): 103-113. <http://eudml.org/doc/40505>.

@article{Janssens1987,
abstract = {Where a decision-maker has to rely on expert opinions a need for a normative model to combine these forecasts appears. This can be done using Bayes' formula and by making some assumptions on the prior distribution and the distribution of the expert assessments. We extend the case to skewed distributions of these assessments. By using an Edgeworth expansion of the density function including the skewness parameter, we are able to obtain the formula to combine the forecasts in a Bayesian way.},
author = {Janssens, Gerrit K.},
journal = {Trabajos de Estadística},
keywords = {Análisis bayesiano; Distribuciones asimétricas; Desarrollo de Edgeworth; Síntesis; combination of forecasts; forecasting; expert opinions; Bayes' formula; prior distribution; skewed distributions; Edgeworth expansion; skewness},
language = {eng},
number = {2},
pages = {103-113},
title = {The Bayesian approach to the combination of forecasts: some extensions into a skewed environment.},
url = {http://eudml.org/doc/40505},
volume = {2},
year = {1987},
}

TY - JOUR
AU - Janssens, Gerrit K.
TI - The Bayesian approach to the combination of forecasts: some extensions into a skewed environment.
JO - Trabajos de Estadística
PY - 1987
VL - 2
IS - 2
SP - 103
EP - 113
AB - Where a decision-maker has to rely on expert opinions a need for a normative model to combine these forecasts appears. This can be done using Bayes' formula and by making some assumptions on the prior distribution and the distribution of the expert assessments. We extend the case to skewed distributions of these assessments. By using an Edgeworth expansion of the density function including the skewness parameter, we are able to obtain the formula to combine the forecasts in a Bayesian way.
LA - eng
KW - Análisis bayesiano; Distribuciones asimétricas; Desarrollo de Edgeworth; Síntesis; combination of forecasts; forecasting; expert opinions; Bayes' formula; prior distribution; skewed distributions; Edgeworth expansion; skewness
UR - http://eudml.org/doc/40505
ER -