... and price the predictive signals reflected in crowdsourced forecasts about the bias in analyst-based earnings and revenue surprises. Using the staggered addition of firms to the Estimize platform, we find that crowdsourced coverage is associated with reductions in the mispricing of forecast bias...

... (2006) result that technology-engendered competition among newspapers in the 19th century reduces newspaper bias. analysts forecast bias FinTech crowdsourcing The bigger effect from the fintech revolution will be to force flabby incumbents to cut costs and improve the quality...

... opportunistic positive forecast bias. If production planners (the users of the demand forecast) can observe the forecasts for the separate sources of demand, then sales managers (the providers of the demand forecast) will rein in their tendencies to engage in opportunistic forecast biasing as a means...

... of Chicago's Booth School of Business. Editor's note: Accepted by Mary E. Barth, under the Senior Editorship of Mark L. DeFond. October 2016 May 2018 2019 sell-side analysts analyst incentives earnings forecasts forecast bias Academic research studying sell-side...

... in the text. Editor's note: Accepted by Beverly R. Walther. April 2011 June 2013 2013 forecast bias horizon problem management earnings forecasts managerial myopia CEO retirement Our results indicate that retiring CEOs...