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 |