Decision Making and the Price Setting Newsvendor: Experimental Evidence
نویسندگان
چکیده
منابع مشابه
Decision Making and the Price Setting Newsvendor: Experimental Evidence
We present an experimental study of the price-setting newsvendor problem, which extends the traditional framework by allowing the decision maker to determine both the selling price and the order quantity of a given item. We compare behavior under this model with two benchmark conditions where subjects have a single decision to make (price or quantity). We observe that subjects deviate from the ...
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ژورنال
عنوان ژورنال: Decision Sciences
سال: 2015
ISSN: 0011-7315
DOI: 10.1111/deci.12158