2022/09/13 by Sergiu Hart, Hart, Sergiu · 3 citations
Engineering · Economics, Econometrics and Finance · #Reservoir Engineering and Simulation Methods #Monetary Policy and Economic Impact
paper · pdf · doi:10.48550/arxiv.2209.05863
A formal write-up of the simple proof (1995) of the existence of calibrated forecasts by the minimax theorem, which moreover shows that N3 periods suffice to guarantee a calibration error of at most 1/N.