It is argued that for specific forecast settings there must exist an optimally-sized model with forecasts that only need occasional adjustments by experts. The argument is built on recent evidence on the interaction between models and experts. A consequence of this is that the future research agenda should involve more interaction between researchers in model-based forecasting and those who are engaged in judgemental forecasting research.

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Keywords experts, forecasting models, forecasting research
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Franses, Ph.H.B.F.. (2008). Merging models and experts. International Journal of Forecasting, 24(1), 31–33. doi:10.1016/j.ijforecast.2007.12.002