Environmental Science Division (EVS)a Division of Argonne National Laboratory

Better Forecasting Through Information Theory

Monday, February 26, 2018

Monday, February 26, 2018
10:00 A.M. to 11:00 A.M.
Argonne National Laboratory
TCS Building 240
Room 1407

Probabilistic forecasts are fundamental tools for making decisions under uncertainty in a wide variety of fields, including short-term and seasonal-term weather and energy supply and demand.

Dr. Graziani will present a scheme whereby a base probabilistic forecasting system that is poorly-calibrated may be recalibrated by incorporating past performance information to produce a new forecasting system that is superior to the original one, in that it produces probability distributions that demonstrably furnish more reliable decision support than the original forecast system. The recalibration procedure need know nothing about how the original forecasts were produced, and can therefore be applied to improve any probabilistic forecast system. The scheme is formulated in a framework that exploits the deep connections between information theory, forecasting, and betting.

Speaker

Carlo Graziani is a computational scientist and physicist in the MCS Division at Argonne. He earned his Ph.D. at the University of Chicago in 1993 where he was a Senior Research Scientist/Research Professor from 2002 to 2017. His research interests include mathematical statistics, proton radiographic image reconstruction, numerical solvers for hydrodynamics and magnetohydrodynamics, and related applications.

Dr. Carlo Graziani
Dr. Carlo Graziani
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portrait of M. Cristina Negri