In this paper, we develop a rigorous new framework for the concepts of forecast and decision horizons. These concepts are conditional in nature and, in turn, enable us to unify the existing concepts of “strong” and “weak” horizons. Moreover, we are able to precisely state the questions of existence of forecast/decision horizons. Finally, we are able to further develop the theory of existence of forecast/decision horizons in the discounted case and procedures to compute these horizons.
No takes yet. Share an insight, caveat, or question.
Bès et al. (1988) studied this question.
Synapse has enriched 3 closely related papers on similar clinical questions. Consider them for comparative context: