Title
Forecast Bias Correction: A Second Order Method
Abstract
The difference between a model forecast and actual observations is called forecast bias. This bias is due to either incomplete model assumptions and/or poorly known parameter values and initial/boundary conditions. In this paper we discuss a method for estimating corrections to parameters and initial conditions that would account for the forecast bias. A set of simple experiments with the logistic ordinary differential equation is performed using an iterative version of a first order version of our method to compare with the second order version of the method.
Year
Venue
Keywords
2010
Clinical Orthopaedics and Related Research
second order,dynamic system,first order,ordinary differential equation,boundary condition,initial condition
Field
DocType
Volume
Boundary value problem,Mathematical optimization,Ordinary differential equation,First order,Forecast error,Mathematics,Forecast bias
Journal
abs/1011.1
Citations 
PageRank 
References 
0
0.34
0
Authors
2
Name
Order
Citations
PageRank
Sean Crowell101.01
S. Lakshmivarahan241266.03