Forecasting: theory and practice

Detalhes bibliográficos
Autor(a) principal: Petropoulos, Fotios
Data de Publicação: 2020
Outros Autores: Apiletti, Daniele, Assimakopoulos, Vassilios, Zied Babai, Mohamed, K. Barrow, Devon, Ben Taieb, Souhaib, Bergmeir, Christoph, J. Bessa, Ricardo, Bijak, Jakub, Boylan, John E., Browell, Jethro, Carnevale, Claudio, Castle, Jennifer L., Cirillo, Pasquale, Clements, Michael P., Cordeiro, Clara, Oliveira, Fernando Luiz, Shari De Baets, Cyrino, Dokumentov, Alexander, Ellison, Joanne, Fiszeder, Piotr, Franses, Philip Hans, Frazier, David T., Gilliland, Michael, Gönül, M. Sinan, Goodwin, Paul, Grossi, Luigi, Grushka-Cockayne, Yael, Guidolin, Mariangela, Guidolin, Massimo, Gunter, Ulrich, Guo, Xiaojia, Guseo, Renato, Harvey, Nigel, Hendry, David F., Hollyman, Ross, Januschowski, Tim, eon, Jooyoung J, Richmond R. Jose, Victor, Kang, Yanfei, Koehler, Anne B., Kolassa, Stephan, Kourentzes, Nikolaos, Leva, Sonia, Li, Feng, Litsiou, Konstantia, Makridakis, Spyros, M. Martin, Gael, Martinez, Andrew B., Meeran, Sheik, Modis, Theodore, Nikolopoulos, Konstantinos, Önkal, Dilek, Paccagnini, Alessia, Panagiotelis, Anastasios, Panapakidis, Ioannis, Pavía, Jose M., Pedio, Manuela, Pedregal, Diego J., Pinson, Pierre, Ramos, Patrícia, Rapach, David E., Reade, J. James, Rostami-Tabar, Bahman, Rubaszek, Michał, Sermpinis, Georgios, Shang, Han Lin, Spiliotis, Evangelos, Syntetos, Aris A., Talagala, Priyanga Dilini, Talagala, Thiyanga S., Tashman, Len, Thomakos, Dimitrios, Thorarinsdottir, Thordis, Todini, Ezio, Trapero Arenas, Juan Ramón, Wang, Xiaoqian, Winkler, Robert L., Yusupova, Alisa, Ziel, Florian
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.1/18687
Resumo: Forecasting 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.
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spelling Forecasting: theory and practiceReviewEncyclopediaMethodsApplicationsPrinciplesPredictionTime seriesForecasting 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.Coordenacao de Aperfeicoamento de Pessoal de Nivel Superior (CAPES)001Conselho Nacional de Desenvolvimento Cientifico e Tecnologico (CNPQ)307403/2019-0CA19130ECO2017-87245-RSBPLY/19/180501/000151ElsevierSapientiaPetropoulos, FotiosApiletti, DanieleAssimakopoulos, VassiliosZied Babai, MohamedK. Barrow, DevonBen Taieb, SouhaibBergmeir, ChristophJ. Bessa, RicardoBijak, JakubBoylan, John E.Browell, JethroCarnevale, ClaudioCastle, Jennifer L.Cirillo, PasqualeClements, Michael P.Cordeiro, ClaraOliveira, Fernando LuizShari De Baets, CyrinoDokumentov, AlexanderEllison, JoanneFiszeder, PiotrFranses, Philip HansFrazier, David T.Gilliland, MichaelGönül, M. SinanGoodwin, PaulGrossi, LuigiGrushka-Cockayne, YaelGuidolin, MariangelaGuidolin, MassimoGunter, UlrichGuo, XiaojiaGuseo, RenatoHarvey, NigelHendry, David F.Hollyman, RossJanuschowski, Timeon, Jooyoung JRichmond R. Jose, VictorKang, YanfeiKoehler, Anne B.Kolassa, StephanKourentzes, NikolaosLeva, SoniaLi, FengLitsiou, KonstantiaMakridakis, SpyrosM. Martin, GaelMartinez, Andrew B.Meeran, SheikModis, TheodoreNikolopoulos, KonstantinosÖnkal, DilekPaccagnini, AlessiaPanagiotelis, AnastasiosPanapakidis, IoannisPavía, Jose M.Pedio, ManuelaPedregal, Diego J.Pinson, PierreRamos, PatríciaRapach, David E.Reade, J. JamesRostami-Tabar, BahmanRubaszek, MichałSermpinis, GeorgiosShang, Han LinSpiliotis, EvangelosSyntetos, Aris A.Talagala, Priyanga DiliniTalagala, Thiyanga S.Tashman, LenThomakos, DimitriosThorarinsdottir, ThordisTodini, EzioTrapero Arenas, Juan RamónWang, XiaoqianWinkler, Robert L.Yusupova, AlisaZiel, Florian2022-12-21T10:49:03Z2020-12-042020-12-04T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.1/18687eng0169-207010.1016/j.ijforecast.2021.11.001info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-07-24T10:30:58Zoai:sapientia.ualg.pt:10400.1/18687Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T20:08:25.440972Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Forecasting: theory and practice
title Forecasting: theory and practice
spellingShingle Forecasting: theory and practice
Petropoulos, Fotios
Review
Encyclopedia
Methods
Applications
Principles
Prediction
Time series
title_short Forecasting: theory and practice
title_full Forecasting: theory and practice
title_fullStr Forecasting: theory and practice
title_full_unstemmed Forecasting: theory and practice
title_sort Forecasting: theory and practice
author Petropoulos, Fotios
author_facet Petropoulos, Fotios
Apiletti, Daniele
Assimakopoulos, Vassilios
Zied Babai, Mohamed
K. Barrow, Devon
Ben Taieb, Souhaib
Bergmeir, Christoph
J. Bessa, Ricardo
Bijak, Jakub
Boylan, John E.
Browell, Jethro
Carnevale, Claudio
Castle, Jennifer L.
Cirillo, Pasquale
Clements, Michael P.
Cordeiro, Clara
Oliveira, Fernando Luiz
Shari De Baets, Cyrino
Dokumentov, Alexander
Ellison, Joanne
Fiszeder, Piotr
Franses, Philip Hans
Frazier, David T.
Gilliland, Michael
Gönül, M. Sinan
Goodwin, Paul
Grossi, Luigi
Grushka-Cockayne, Yael
Guidolin, Mariangela
Guidolin, Massimo
Gunter, Ulrich
Guo, Xiaojia
Guseo, Renato
Harvey, Nigel
Hendry, David F.
Hollyman, Ross
Januschowski, Tim
eon, Jooyoung J
Richmond R. Jose, Victor
Kang, Yanfei
Koehler, Anne B.
Kolassa, Stephan
Kourentzes, Nikolaos
Leva, Sonia
Li, Feng
Litsiou, Konstantia
Makridakis, Spyros
M. Martin, Gael
Martinez, Andrew B.
Meeran, Sheik
Modis, Theodore
Nikolopoulos, Konstantinos
Önkal, Dilek
Paccagnini, Alessia
Panagiotelis, Anastasios
Panapakidis, Ioannis
Pavía, Jose M.
Pedio, Manuela
Pedregal, Diego J.
Pinson, Pierre
Ramos, Patrícia
Rapach, David E.
Reade, J. James
Rostami-Tabar, Bahman
Rubaszek, Michał
Sermpinis, Georgios
Shang, Han Lin
Spiliotis, Evangelos
Syntetos, Aris A.
Talagala, Priyanga Dilini
Talagala, Thiyanga S.
Tashman, Len
Thomakos, Dimitrios
Thorarinsdottir, Thordis
Todini, Ezio
Trapero Arenas, Juan Ramón
Wang, Xiaoqian
Winkler, Robert L.
Yusupova, Alisa
Ziel, Florian
author_role author
author2 Apiletti, Daniele
Assimakopoulos, Vassilios
Zied Babai, Mohamed
K. Barrow, Devon
Ben Taieb, Souhaib
Bergmeir, Christoph
J. Bessa, Ricardo
Bijak, Jakub
Boylan, John E.
Browell, Jethro
Carnevale, Claudio
Castle, Jennifer L.
Cirillo, Pasquale
Clements, Michael P.
Cordeiro, Clara
Oliveira, Fernando Luiz
Shari De Baets, Cyrino
Dokumentov, Alexander
Ellison, Joanne
Fiszeder, Piotr
Franses, Philip Hans
Frazier, David T.
Gilliland, Michael
Gönül, M. Sinan
Goodwin, Paul
Grossi, Luigi
Grushka-Cockayne, Yael
Guidolin, Mariangela
Guidolin, Massimo
Gunter, Ulrich
Guo, Xiaojia
Guseo, Renato
Harvey, Nigel
Hendry, David F.
Hollyman, Ross
Januschowski, Tim
eon, Jooyoung J
Richmond R. Jose, Victor
Kang, Yanfei
Koehler, Anne B.
Kolassa, Stephan
Kourentzes, Nikolaos
Leva, Sonia
Li, Feng
Litsiou, Konstantia
Makridakis, Spyros
M. Martin, Gael
Martinez, Andrew B.
Meeran, Sheik
Modis, Theodore
Nikolopoulos, Konstantinos
Önkal, Dilek
Paccagnini, Alessia
Panagiotelis, Anastasios
Panapakidis, Ioannis
Pavía, Jose M.
Pedio, Manuela
Pedregal, Diego J.
Pinson, Pierre
Ramos, Patrícia
Rapach, David E.
Reade, J. James
Rostami-Tabar, Bahman
Rubaszek, Michał
Sermpinis, Georgios
Shang, Han Lin
Spiliotis, Evangelos
Syntetos, Aris A.
Talagala, Priyanga Dilini
Talagala, Thiyanga S.
Tashman, Len
Thomakos, Dimitrios
Thorarinsdottir, Thordis
Todini, Ezio
Trapero Arenas, Juan Ramón
Wang, Xiaoqian
Winkler, Robert L.
Yusupova, Alisa
Ziel, Florian
author2_role author
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author
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author
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dc.contributor.none.fl_str_mv Sapientia
dc.contributor.author.fl_str_mv Petropoulos, Fotios
Apiletti, Daniele
Assimakopoulos, Vassilios
Zied Babai, Mohamed
K. Barrow, Devon
Ben Taieb, Souhaib
Bergmeir, Christoph
J. Bessa, Ricardo
Bijak, Jakub
Boylan, John E.
Browell, Jethro
Carnevale, Claudio
Castle, Jennifer L.
Cirillo, Pasquale
Clements, Michael P.
Cordeiro, Clara
Oliveira, Fernando Luiz
Shari De Baets, Cyrino
Dokumentov, Alexander
Ellison, Joanne
Fiszeder, Piotr
Franses, Philip Hans
Frazier, David T.
Gilliland, Michael
Gönül, M. Sinan
Goodwin, Paul
Grossi, Luigi
Grushka-Cockayne, Yael
Guidolin, Mariangela
Guidolin, Massimo
Gunter, Ulrich
Guo, Xiaojia
Guseo, Renato
Harvey, Nigel
Hendry, David F.
Hollyman, Ross
Januschowski, Tim
eon, Jooyoung J
Richmond R. Jose, Victor
Kang, Yanfei
Koehler, Anne B.
Kolassa, Stephan
Kourentzes, Nikolaos
Leva, Sonia
Li, Feng
Litsiou, Konstantia
Makridakis, Spyros
M. Martin, Gael
Martinez, Andrew B.
Meeran, Sheik
Modis, Theodore
Nikolopoulos, Konstantinos
Önkal, Dilek
Paccagnini, Alessia
Panagiotelis, Anastasios
Panapakidis, Ioannis
Pavía, Jose M.
Pedio, Manuela
Pedregal, Diego J.
Pinson, Pierre
Ramos, Patrícia
Rapach, David E.
Reade, J. James
Rostami-Tabar, Bahman
Rubaszek, Michał
Sermpinis, Georgios
Shang, Han Lin
Spiliotis, Evangelos
Syntetos, Aris A.
Talagala, Priyanga Dilini
Talagala, Thiyanga S.
Tashman, Len
Thomakos, Dimitrios
Thorarinsdottir, Thordis
Todini, Ezio
Trapero Arenas, Juan Ramón
Wang, Xiaoqian
Winkler, Robert L.
Yusupova, Alisa
Ziel, Florian
dc.subject.por.fl_str_mv Review
Encyclopedia
Methods
Applications
Principles
Prediction
Time series
topic Review
Encyclopedia
Methods
Applications
Principles
Prediction
Time series
description Forecasting 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.
publishDate 2020
dc.date.none.fl_str_mv 2020-12-04
2020-12-04T00:00:00Z
2022-12-21T10:49:03Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.1/18687
url http://hdl.handle.net/10400.1/18687
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv 0169-2070
10.1016/j.ijforecast.2021.11.001
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dc.publisher.none.fl_str_mv Elsevier
publisher.none.fl_str_mv Elsevier
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