作者:Zhang, Yinghao; Siemsen, Enno
作者单位:University System of Ohio; University of Cincinnati; University of Wisconsin System; University of Wisconsin Madison
摘要:The field of behavioral operations has produced a rich tradition of experiments in newsvendor decision-making. Our study provides a meta-analysis of 24 papers in this research area; we confirm that the pull-to-center (PtC) effect, where average order quantities in a sample lie in between average demand and optimal order quantities, is a very stable observable phenomenon across studies. However, we also show that the asymmetry in the PtC effect between high-margin and low-margin conditions vari...