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Forecasting: theory and practice

2020-12-04Journal article Open access
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dc.contributor.authorPetropoulos, Fotios
dc.contributor.authorApiletti, Daniele
dc.contributor.authorAssimakopoulos, Vassilios
dc.contributor.authorZied Babai, Mohamed
dc.contributor.authorK. Barrow, Devon
dc.contributor.authorBen Taieb, Souhaib
dc.contributor.authorBergmeir, Christoph
dc.contributor.authorJ. Bessa, Ricardo
dc.contributor.authorBijak, Jakub
dc.contributor.authorBoylan, John E.
dc.contributor.authorBrowell, Jethro
dc.contributor.authorCarnevale, Claudio
dc.contributor.authorCastle, Jennifer L.
dc.contributor.authorCirillo, Pasquale
dc.contributor.authorClements, Michael P.
dc.contributor.authorCordeiro, Clara
dc.contributor.authorOliveira, Fernando Luiz
dc.contributor.authorShari De Baets, Cyrino
dc.contributor.authorDokumentov, Alexander
dc.contributor.authorEllison, Joanne
dc.contributor.authorFiszeder, Piotr
dc.contributor.authorFranses, Philip Hans
dc.contributor.authorFrazier, David T.
dc.contributor.authorGilliland, Michael
dc.contributor.authorGönül, M. Sinan
dc.contributor.authorGoodwin, Paul
dc.contributor.authorGrossi, Luigi
dc.contributor.authorGrushka-Cockayne, Yael
dc.contributor.authorGuidolin, Mariangela
dc.contributor.authorGuidolin, Massimo
dc.contributor.authorGunter, Ulrich
dc.contributor.authorGuo, Xiaojia
dc.contributor.authorGuseo, Renato
dc.contributor.authorHarvey, Nigel
dc.contributor.authorHendry, David F.
dc.contributor.authorHollyman, Ross
dc.contributor.authorJanuschowski, Tim
dc.contributor.authoreon, Jooyoung J
dc.contributor.authorRichmond R. Jose, Victor
dc.contributor.authorKang, Yanfei
dc.contributor.authorKoehler, Anne B.
dc.contributor.authorKolassa, Stephan
dc.contributor.authorKourentzes, Nikolaos
dc.contributor.authorLeva, Sonia
dc.contributor.authorLi, Feng
dc.contributor.authorLitsiou, Konstantia
dc.contributor.authorMakridakis, Spyros
dc.contributor.authorM. Martin, Gael
dc.contributor.authorMartinez, Andrew B.
dc.contributor.authorMeeran, Sheik
dc.contributor.authorModis, Theodore
dc.contributor.authorNikolopoulos, Konstantinos
dc.contributor.authorÖnkal, Dilek
dc.contributor.authorPaccagnini, Alessia
dc.contributor.authorPanagiotelis, Anastasios
dc.contributor.authorPanapakidis, Ioannis
dc.contributor.authorPavía, Jose M.
dc.contributor.authorPedio, Manuela
dc.contributor.authorPedregal, Diego J.
dc.contributor.authorPinson, Pierre
dc.contributor.authorRamos, Patrícia
dc.contributor.authorRapach, David E.
dc.contributor.authorReade, J. James
dc.contributor.authorRostami-Tabar, Bahman
dc.contributor.authorRubaszek, Michał
dc.contributor.authorSermpinis, Georgios
dc.contributor.authorShang, Han Lin
dc.contributor.authorSpiliotis, Evangelos
dc.contributor.authorSyntetos, Aris A.
dc.contributor.authorTalagala, Priyanga Dilini
dc.contributor.authorTalagala, Thiyanga S.
dc.contributor.authorTashman, Len
dc.contributor.authorThomakos, Dimitrios
dc.contributor.authorThorarinsdottir, Thordis
dc.contributor.authorTodini, Ezio
dc.contributor.authorTrapero Arenas, Juan Ramón
dc.contributor.authorWang, Xiaoqian
dc.contributor.authorWinkler, Robert L.
dc.contributor.authorYusupova, Alisa
dc.contributor.authorZiel, Florian
dc.date.accessioned2022-12-21T10:49:03Z
dc.date.available2022-12-21T10:49:03Z
dc.date.issued2020-12-04
dc.description.abstractForecasting has always been at the forefront of decision making and planning. The uncertainty that surrounds the future is both exciting and challenging, with individuals and organisations seeking to minimise risks and maximise utilities. The large number of forecasting applications calls for a diverse set of forecasting methods to tackle real-life challenges. This article provides a non-systematic review of the theory and the practice of forecasting. We provide an overview of a wide range of theoretical, state-of-the-art models, methods, principles, and approaches to prepare, produce, organise, and evaluate forecasts. We then demonstrate how such theoretical concepts are applied in a variety of real-life contexts. We do not claim that this review is an exhaustive list of methods and applications. However, we wish that our encyclopedic presentation will offer a point of reference for the rich work that has been undertaken over the last decades, with some key insights for the future of forecasting theory and practice. Given its encyclopedic nature, the intended mode of reading is non-linear. We offer cross-references to allow the readers to navigate through the various topics. We complement the theoretical concepts and applications covered by large lists of free or open-source software implementations and publicly-available databases.pt_PT
dc.description.sponsorshipCoordenação de Aperfeiçoamento de Pessoal de Nível Superior (CAPES)001
dc.description.sponsorshipConselho Nacional de Desenvolvimento Cientifico e Tecnológico (CNPQ)307403/2019-0
dc.description.sponsorshipECO2017-87245-R
dc.description.sponsorshipSBPLY/19/180501/000151
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.doi10.1016/j.ijforecast.2021.11.001pt_PT
dc.identifier.issn0169-2070
dc.identifier.urihttp://hdl.handle.net/10400.1/18687
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.publisherElsevierpt_PT
dc.relationQuantifying Migration Scenarios for Better Policy
dc.relationCentre of Statistics and its Applications
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/pt_PT
dc.subjectReviewpt_PT
dc.subjectEncyclopediapt_PT
dc.subjectMethodspt_PT
dc.subjectApplicationspt_PT
dc.subjectPrinciplespt_PT
dc.subjectPredictionpt_PT
dc.subjectTime seriespt_PT
dc.titleForecasting: theory and practicept_PT
dc.typejournal article
dspace.entity.typePublication
oaire.awardTitleQuantifying Migration Scenarios for Better Policy
oaire.awardTitleCentre of Statistics and its Applications
oaire.awardURIinfo:eu-repo/grantAgreement/EC/H2020/870299/EU
oaire.awardURIinfo:eu-repo/grantAgreement/FCT/6817 - DCRRNI ID/UIDB%2F00006%2F2020/PT
oaire.citation.endPage871pt_PT
oaire.citation.issue3pt_PT
oaire.citation.startPage705pt_PT
oaire.citation.titleInternational Journal of Forecastingpt_PT
oaire.citation.volume38pt_PT
oaire.fundingStreamH2020
oaire.fundingStream6817 - DCRRNI ID
person.familyNameHenrique Cordeiro
person.givenNameClara Maria
person.identifier.ciencia-idC71E-21A1-E882
person.identifier.orcid0000-0002-1026-6078
project.funder.identifierhttp://doi.org/10.13039/501100008530
project.funder.identifierhttp://doi.org/10.13039/501100001871
project.funder.nameEuropean Commission
project.funder.nameFundação para a Ciência e a Tecnologia
rcaap.rightsopenAccesspt_PT
rcaap.typearticlept_PT
relation.isAuthorOfPublication7e0bbaff-c584-461a-84e2-54f2a6c15876
relation.isAuthorOfPublication.latestForDiscovery7e0bbaff-c584-461a-84e2-54f2a6c15876
relation.isProjectOfPublication1182ed3d-059d-45cc-8e67-623aa521fb72
relation.isProjectOfPublication100e6d17-2f76-4282-b864-d0f887b34243
relation.isProjectOfPublication.latestForDiscovery1182ed3d-059d-45cc-8e67-623aa521fb72

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