Unit weighting schemes for decision making

Einhorn, Hillel J.; Hogarth, Robin M.

doi:10.1016/0030-5073(75)90044-6

Cited by 673Statistical Methods and ApplicationsPsychometric Methodologies and TestingForecasting Techniques and Applications

Unit weighting schemes for decision making

Einhorn, Hillel J., Hogarth, Robin M.·1975·Organizational Behavior and Human Performance

DOI 10.1016/0030-5073(75)90044-6

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Regression estimates produce ex ante forecasts that are often less accurate than forecasts from 'unit weights' models.
“However, studies have shown that regression estimates produce ex ante forecasts that are often less accurate than forecasts from 'unit weights' models.”
From Illusions in Regression Analysis (2011) · cites this paper as Einhorn and Hogarth (1975)

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Authors: Einhorn, H. J., & Hogarth, R. M.
Affiliations: University of Chicago (US)
INSEAD (FR)
ORCID: Hogarth, Robin M.
Venue: Organizational Behavior and Human Performance
Publisher: Elsevier BV
Published: 1975-04
Volume: 13
Issue: 2
Pages: 171-192
ISSN: 0030-5073 (ISSN-L)
DOI: 10.1016/0030-5073(75)90044-6
OpenAlex: W2107426741
Cited by: 673
References: 27
Citations by year: 2026: 9 · 2025: 4 · 2024: 16 · 2023: 9 · 2022: 10 · 2021: 10 · 2020: 13 · 2019: 16 · 2018: 10 · 2017: 11 · 2016: 7 · 2015: 16 · 2014: 16 · 2013: 17 · 2012: 13
FWCI: 30.12
Type: journal article
Language: en
Open access: closed
Licence: www.elsevier.com/tdm/userlicense/1.0/ (tdm)
Locations: Organizational Behavior and Human Performance (publishedVersion)
Topics: Physical Sciences › Mathematics › Statistics and Probability › Statistical Methods and Applications
Social Sciences › Decision Sciences › Management Science and Operations Research › Psychometric Methodologies and Testing
Social Sciences › Decision Sciences › Management Science and Operations Research › Forecasting Techniques and Applications
Keywords: composite variables, component weighting, linear regression, predictive power, decision-making, sample size effects

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