Score: 0

Surprisingly-early bias in forecasts for unscheduled events

Published: December 8, 2025 | arXiv ID: 2512.07575v1

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.

Category
Statistics:
Methodology