讲座：Analyzing learning effects in the newsvendor model by probabilistic methods
题 目：Analyzing learning effects in the newsvendor model by probabilistic methods
嘉 宾：Professor Jonas Andersson NHH Norwegian School of Economics.
时 间：2019年11月07日（周四） 14:00-15:30
地 点：上海交通大学 徐汇校区包图 A303
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 use the single parameter in that model to extract information on learning effects. We revisit the data, analyzed previously by Bolton et al. (2012), and show that our model predicts the pull-to-center effect in these experimental data very well.
Jonas Andersson is a Professor of Applied Statistics at NHH. He received his PhD in statistics at Uppsala University in 1999. Andersson has been a visiting fellow at the University of Nottingham, the University of Freiburg and the Athens University of Business and Economics.
His research interests centers around statistical modeling and with its applications to business and economics. In particular, he has worked on problems in taxation, electricity markets, shipping, management operations and finance. Andersson has published in journals like Journal of Business & Economic Statistics, Journal of Time Series Analysis, European Journal of Operations Research and Oxford Bulletin of Economics and Statistics.