{"product_id":"9781601984944","title":"Using Laboratory Experiments to Build Better Operations Management Models","description":"Using Laboratory Experiments to Build Better Operations Management Models focuses on controlled laboratory experiments used to test existing, and develop new, theory in operations management. Much of the methodology I discuss is in line with economics rather than psychology, which also provide a valid and useful, but different, paradigm. This monograph is organized as follows. Section 2 presents a short history of experimental economics, focusing specifically on some fundamental games that proved to be important in economics as well as in behavioral operations management. Section 3 discusses some basics of experimental design as well as \"best practices\" for conducting laboratory experiments. This section reviews issues related to providing a context, the effect of subject pool, the effect of incentives, and the uses of deception. The goal of sections 4, 5, and 6 to is outline how experiments have been used to shed light on behavioral factors within three different operational contexts -- the behavior in the Newsvendor problem (section 4), supply chain contracts (section 5), and procurement auctions (section 6). Section 7 concludes with a discussion of future trends and promising directions for future research.","brand":"Now Publishers","offers":[{"title":"Default Title","offer_id":47054344257776,"sku":"9781601984944","price":70.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9781601984944_p0.jpg?v=1763815401","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9781601984944","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}