• Analyzing learning effects in the newsvendor model by probabilistic methods 

      Andersson, Jonas; Jörnsten, Kurt; Lillestøl, Jostein; Ubøe, Jan (Discussion paper;13/19, Working paper, 2019-10-11)
      In this paper, we use probabilistic methods to analyze learning effects in a behavioral experiment on the newsvendor model. We argue why we should believe that suggested orders follow a multinomial logit distribution, and ...
    • Probabilistic cost efficiency and bounded rationality in the newsvendor model 

      Ubøe, Jan; Andersson, Jonas; Jörnsten, Kurt; Lillestøl, Jostein; Sandal, Leif Kristoffer (Doctoral dissertation;41/14, Working paper, 2014-12)
      In this paper we establish a link between probabilistic cost efficiency and bounded rationality in the newsvendor model. This establishes a framework where bounded rationality can be examined rigorously by statistical ...
    • The Effect of Fast and Slow Decisions on Financial Risk Taking 

      Kirchler, Michael; Andersson, David; Bonn, Caroline; Johannesson, Magnus; Sørensen, Erik Øiolf; Stefan, Matthias; Tinghög, Gustav; Västfjell, Daniel (Journal article; Peer reviewed, 2017)
      We experimentally compare fast and slow decisions in a series of Experiments on financial risk taking in three countries involving over 1700 subjects. To manipulate fast and slow decisions, subjects were randomly allocated ...