Embroiled in a conflict: who do you call?
Commentators' concerns about research reported in Forecasting Decisions in Conflict Situations: A Comparison of Game Theory, Role-Playing, and Unaided Judgment (2002) are addressed. These concerns do not threaten the conclusion that role-playing should be preferred ahead of game theory and unai...
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Published in | International journal of forecasting Vol. 18; no. 3; pp. 389 - 395 |
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Main Author | |
Format | Journal Article |
Language | English |
Published |
Amsterdam
Elsevier
01.07.2002
Elsevier Sequoia S.A |
Series | International Journal of Forecasting |
Subjects | |
Online Access | Get full text |
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Summary: | Commentators' concerns about research reported in Forecasting Decisions in Conflict Situations: A Comparison of Game Theory, Role-Playing, and Unaided Judgment (2002) are addressed. These concerns do not threaten the conclusion that role-playing should be preferred ahead of game theory and unaided judgment for forecasting decisions in conflicts. Additional evidence is provided, and it is argued that the relative forecasting accuracy of game theory is a legitimate subject for research. Non-forecasting uses for game theory are discussed, and it is suggested that, without forecasting validity, such applications may be ill founded. Replication of the Green research (2002) by game-theory advocates would be valuable. Extending the research with forecasts for more conflicts would allow greater confidence and recommendations to managers. |
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ISSN: | 0169-2070 1872-8200 |
DOI: | 10.1016/S0169-2070(02)00020-1 |