We conduct an experimental study on the decision biases in a scenario where two newsvendors compete a common market, in which if stockout happens at a newsvendor, the unsatisfied demand is reallocated to his/her competitor. Following the existing theory, an experiment of competing game with...

We conducted experiments in a multi-echelon inventory system with two scenarios: no information sharing and full information sharing. The results indicate that the bullwhip effect persists even after traditional causes have been excluded. Moreover, full information sharing cannot guarantee...