We compare how freshmen business students, graduate business students and experienced procurement managers perform on a simple inventory ordering task. We find that, qualitatively, managers exhibit ordering behavior similar to students, including biased ordering towards average demand....

Am 12. Oktober 2004 wurde das European Research Center for Information Systems (ERCIS) in einem feierlichen Gründungsakt ins Leben gerufen. In der Feierstunde im Schloss der Universität Münster haben Vertreter der Universität, der Politik, der Verwaltung und von Unternehmen ihre Visionen...

Although algorithmic decision support is omnipresent in many managerial tasks, a lack of algorithm transparency is often stated as a barrier to successful human–machine collaboration. In this paper, we analyze the effects of algorithm transparency on the use of advice from algorithms with...

This study examines human ordering behavior in service‐level inventory contracts, a class of contracts important in practice. Studies of wholesale price contracts find that people tend to place orders that are suboptimal and biased toward mean demand. Unlike wholesale price contracts,...

We investigate the impact of coordinating the timetable and the crew schedule in an operational freight railway system. Usually, those problems are solved sequentially—resulting in suboptimal schedules for train drivers due to large idle times between two train rides. We seek to coordinate the...

The European Research Center for Information Systems (ERCIS) was founded on October, 12th 2004. This Working Paper was written with respect to the establishment of ERCIS. Jörg Becker, Managing Director of the ERCIS, writes about fundamental issues of ERCIS. Furthermore all Founding Members...