## Abstract A general Bayesian approach to combining __n__ expert forecasts is developed. Under some moderate assumptions on the distributions of the expert errors, it leads to a consistent, monotonic, quasiβlinear average formula. This generalizes Bordley's results.
Forecasting the Penetration of a New Product: A Bayesian Approach
β Scribed by Scott E. Pammer, Duncan K. H. Fong and Steven F. Arnold
- Book ID
- 124714398
- Publisher
- American Statistical Association
- Year
- 2000
- Tongue
- English
- Weight
- 312 KB
- Volume
- 18
- Category
- Article
- ISSN
- 0735-0015
- DOI
- 10.2307/1392224
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