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Worst-Case Scenarios in Forecasting: How Bad Can Things Get?

Batchelor, R. (2010). Worst-Case Scenarios in Forecasting: How Bad Can Things Get?. Foresight: The International Journal of Applied Forecasting, 18, pp. 27-32.

Abstract

Worst-Case Damage from a Blowout in the Gulf of Mexico According to news reports, the main contingency plan foresaw a blowout with a worst-case spill of 40 million gallons in total. During the first three months, millions of gallons have been gushing per day. Regulatory agencies based their efforts on worst-case scenarios that weren’t nearly worst case.

Publication Type: Article
Subjects: H Social Sciences > HG Finance
Departments: Cass Business School > Finance
URI: http://openaccess.city.ac.uk/id/eprint/7678
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