Decision Bias in the Newsvendor Problem with a Known Demand Distribution: Experimental Evidence
Finding to replicate
Newsvendor order quantities are set too low for high-profit products and too high for low-profit products.
Background Information
Primary Replication Site | Cornell University |
Secondary Replication Site | University of Texas at Dallas |
Target Replication Sample Size (Per Site) | 40 Individuals |
Replication Subject Pool | University Students |
Original Testing Modality | Virtual, Asynchronous |
Initial Replication Modality | Virtual, Asynchronous |
Secondary Replication Modality | N/A |
Preregistration | AsPredicted #61503 |
Original Paper | Published Online 03/01/2000 |
Category | Inventory |
Replication Results
Finding Reproduced? | Full Replication |
Replication Report | SchweitzerCachon2000_ReplicationReport.pdf |
Replication Data, Analysis Script, and Stimuli | SchweitzerCachon2000_DAS.zip |