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Author:Henderson, H.
Title:Viewing 'the new economy' from diverse forecasting perspectives
Journal:Futures
1998 : MAY, VOL. 30:4, p. 267-275
Index terms:economic forecasting
macroeconomic models
game theory
Language:eng
Abstract:The article compares traditional economic forecasting with more systematic, dynamic modelling of economic risks and rewards, game theory and chaos model by reviewing how these different methods are used in business and financial organizations. Central issue is that these different models lead to widely-divergent forecasts depending on underlying assumptions and epistemologies.
SCIMA record nr: 179486
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