Bolton, Gary E.; Bonzelet, Sabrina; Stangl, Tobias; … - In: Production and Operations Management 32 (2022) 4, pp. 1243-1261
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,...