What are the ethical considerations in forecasting?

Ethical considerations in forecasting include ensuring accuracy, avoiding bias, maintaining transparency, and considering the potential impacts of the forecast. Forecasters should strive to provide the most accurate predictions possible, avoiding any personal or political biases that may skew the results. They should also be transparent about their methods and the potential margin of error in their forecasts. Additionally, forecasters should consider the potential impacts of their predictions and strive to minimize any potential harm.

Question was asked on:

Celebrity forecasters like Tom Friedman are called upon in times of crisis to help make long term decisions based on current events. You don't have to be a celebrity to make accurate predictions, however, and many "super forecasters" with high accuracy rates are unsung. Forecasting is a skill to be learned and continually mastered.

Asked on the following book summary:

resource preview

Superforecasting: The Art and Science of Prediction

Did you know it's possible to make accurate predictions about the future without psychic powers? Given the right practice and strategies to explore, y...

Download and customize hundreds of business templates for free

Preview

View all chevron_right