Heterogeneity, asymmetry and applicability of behavioral newsvendor models

DOI10.1016/J.EJOR.2021.11.014zbMath1506.90017OpenAlexW3212092230MaRDI QIDQ2140212

Peter Kischka, Lena Silbermayr, Werner Jammernegg

Publication date: 20 May 2022

Published in: European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.ejor.2021.11.014

zbMATH Keywords

asymmetryinventoryheterogeneityapplicabilitybehavioral newsvendor

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05)

Cites Work

• Risk aversion and implicit shortage cost explain the anchoring and insufficient adjustment bias in human newsvendors
• Internal and external reference effects in a two-tier supply chain
• Decision Bias in the Newsvendor Problem with a Known Demand Distribution: Experimental Evidence
• Reference Dependence in Multilocation Newsvendor Models: A Structural Analysis
• On the Effect of Demand Randomness on Inventories and Costs

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