Showing 1 - 4 of 4
Persistent link: https://www.econbiz.de/10013271080
When solving a newsvendor problem, individuals systematically and persistently deviate from the profit maximizing order quantity. Previous research has shown that individuals tend to order too much in a low margin setting and too little in a high margin setting. This “pull to center” effect...
Persistent link: https://www.econbiz.de/10014161225
Persistent link: https://www.econbiz.de/10011508558
Persistent link: https://www.econbiz.de/10013363901