Showing 1 - 6 of 6
We investigate the impact of behavioral ordering on profits under competition. Specifically, we use controlled laboratory experiments to evaluate the differences in profits between a behavioral competitor (where a human places orders), and a management science-driven competitor (where orders are...
Persistent link: https://www.econbiz.de/10012904634
Persistent link: https://www.econbiz.de/10010400669
Persistent link: https://www.econbiz.de/10011411920
We investigate the impact of using a clear scoring rule in a sealed bid multi-dimensional (A+B) procurement auction, as frequently used in government procurement. The central procurement agency in Chile (ChileCompra) asked for help to understand how concealing the scoring rule affected buyers....
Persistent link: https://www.econbiz.de/10012846401
This research analyzes how individual differences affect performance in time-series forecasting. Task performance varies based on an individual’s ability to balance intuitive judgment with cognitive deliberation, as measured by the Cognitive Reflection Test. Decision makers with higher...
Persistent link: https://www.econbiz.de/10014182114
Persistent link: https://www.econbiz.de/10011848662