Shavit, Tal; Cohen, Yuval; Bogair, Ravid; Benzion, Uri - In: Managerial and Decision Economics 35 (2014) 5, pp. 357-370
This paper presents and analyzes the results of a decision‐making experiment in inventory management under uncertainty. The experiment included 81 participants who played the role of a small car importer facing random demand as in the (Q,R) model. The results show strong evidence of learning...