How can a practitioner best keep up-to-date with new developments?
If you are like most practitioners, you probably do not read the research literature. No need to feel guilty about that. A recent study found that only about 3% of the papers that are published on forecasting are useful (Armstrong & Pagell 2003). These papers, virtually all by academics, are difficult to find. Our estimate is that, on average, about one useful paper is published each month. Unfortunately it might take many months to find it among all the other papers. Once found, they are quite difficult to read and they often omit key information such as under what conditions the proposed method works. As a result, reading a stand-alone article may not be very useful. The Forecasting Principles project was designed to relieve you of the responsibility for doing all this reading and interpretation. It finds and interprets research findings, putting them in the form of principles (given such a situation, do the following) and makes them freely available on this website (forecastingprinc