Boztuğ, Yasemin; Bell, David R. - Center for Applied Statistics and Econometrics (CASE), … - 2004
Behavioral studies and recent empirical research suggest higher levels of inventory on hand can lead consumers to … increase consumption. Inventory on hand is therefore posited to exert two countervailing forces on the probability of purchase … incidence. First, higher levels of inventory reduce the likelihood of purchase as the consumer feels less pressure to buy. At …