Dynamic mean absolute error as new measure for assessing forecasting errors
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DOI: 10.1016/j.enconman.2018.02.030
Abstract: Abstract Accurate wind power forecast is essential for grid integration, system planning, and electricity trading in certain electricity markets. Therefore, analyzing prediction errors is a critical task that allows a comparison of prediction models and… read more here.
Keywords: index; error; mean absolute; absolute error ... See more keywords
Time consistent in efficiency dynamic mean–variance policy
Sign Up to like & getrecommendations! Published in 2022 at "Journal of the Operational Research Society"
DOI: 10.1080/01605682.2022.2032428
Abstract: Abstract The dynamic mean–variance formulation for a market with all risky assets is not time consistent in efficiency (TCIE), in the sense that the pre-committed policy, which is optimal for the entire investment horizon, could… read more here.
Keywords: time consistent; time; dynamic mean; mean variance ... See more keywords