The Utility of Long-Term Forecasting

Helmer O (1977). The Utility of Long-Term Forecasting. IIASA Professional Paper. IIASA, Laxenburg, Austria: PP-77-005

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Abstract

Forecasts are an essential ingredient of the planning process. Although frequently of necessity inaccurate, they can nevertheless be of considerable utility; for they should not be judged by the degree of uncertainty they convey but by the degree to which they permit differentiation between genuine and avoidable uncertainty.

Item Type: Monograph (IIASA Professional Paper)
Research Programs: General Research (GEN)
Depositing User: IIASA Import
Date Deposited: 15 Jan 2016 01:44
Last Modified: 21 Jul 2016 08:41
URI: http://pure.iiasa.ac.at/750

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