The value of feedback in forecasting competitions |
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| Authors: | George AthanasopoulosRob J. Hyndman |
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| Affiliation: | Department of Econometrics and Business Statistics, Monash University, Clayton, VIC 3800, Australia |
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| Abstract: | In this paper we challenge the traditional design used for forecasting competitions. We implement an online competition with a public leaderboard that provides instant feedback to competitors who are allowed to revise and resubmit forecasts. The results show that feedback significantly improves forecasting accuracy. |
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| Keywords: | Kaggle Online competition Revising forecasts Public leaderboard Tourism |
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