Powdthavee and Riyanto ask "Why do people pay for useless advice?" in their discussion paper on "Implications of gambler's and hot-hand fallacies in false-expert setting". They test whether people are fooled by random sequences into believing that an expert is making valid predictions and, consistently with the seer-sucker theory, they find the answer is "yes". Their paper is available here.
The International Symposium on Forecasting is the highlight of the forecasting calendar, and the release of the Program is a treat of anticipation for those who are attending. The ISF 2012 Program is now available, here. This year, the Program is available in several formats and can be searched by title, presenter, keyword, and JEL classification.
The Forecasting Principles site summarizes all useful knowledge about forecasting so that it can be used by researchers, practitioners, and educators. The site is devoted to improving decision making by furthering scientific forecasting.