Surprisingly-early bias in forecasts for unscheduled events
By: Niklas V. Lehmann
When a dataset contains forecasts on unscheduled events, such as natural catastrophes, outcomes may be censored or ``hidden'' since some events have not yet occurred. This article finds that this can lead to a selection bias which affects the perceived accuracy and calibration of forecasts. This selection bias can be eliminated by excluding forecasts on outcomes which have been verified surprisingly early.
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