Forecasting Competition

A Forecasting Competition is a competition that evaluates participant performance in prediction tasks.

• AKA: Prediction Competition, Forecast Contest, Predictive Challenge, Forecasting Challenge.
• Context:
  • It can typically rank forecasting competition participants using scoring metrics.
  • It can typically provide forecasting competition datasets for prediction challenges.
  • It can typically establish forecasting competition rules for fair evaluation.
  • It can often award forecasting competition prizes to top performers.
  • It can often generate forecasting competition benchmarks for method comparison.
  • It can often facilitate forecasting competition research in prediction science.
  • It can range from being a Academic Forecasting Competition to being a Commercial Forecasting Competition, depending on its organization type.
  • It can range from being a Open Forecasting Competition to being a Closed Forecasting Competition, depending on its participation policy.
  • It can range from being a Single-Task Forecasting Competition to being a Multi-Task Forecasting Competition, depending on its problem variety.
  • It can range from being a One-Time Forecasting Competition to being a Ongoing Forecasting Competition, depending on its duration model.
  • ...
• Examples:
  • Time Series Forecasting Competitions, such as:
    • M-Competition Series for forecasting methods.
    • Kaggle Forecasting Competitions for machine learning approaches.
  • Probabilistic Forecasting Competitions, such as:
    • Forecasting Tournament for judgment accuracy.
    • Prediction Market Competition for market mechanisms.
  • Domain-Specific Forecasting Competitions, such as:
    • Energy Load Forecasting Competition for utility prediction.
    • Sales Forecasting Competition for retail forecast.
  • ...
• Counter-Examples:
  • Classification Competition, which evaluates category assignment.
  • Optimization Competition, which tests solution quality.
  • Programming Competition, which assesses code performance.
• See: Competition, Forecasting Tournament, Prediction Task, Scoring Metric, Benchmark Dataset, Performance Evaluation, Time Series Forecasting, Probabilistic Prediction, Competitive Analysis.

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