A note on ``Prospect theory and the newsvendor problem

DOI10.1007/s40305-015-0072-4zbMath1317.90041OpenAlexW2034258780MaRDI QIDQ2356350

Xiao-Bo Zhao, Wei Geng

Publication date: 29 July 2015

Published in: Journal of the Operations Research Society of China (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s40305-015-0072-4

zbMATH Keywords

prospect theoryreference pointnewsvendor problem

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05)

Related Items

Opportunity loss minimization and newsvendor behavior ⋮ The park-and-ride behavior in a cumulative prospect theory-based model ⋮ Revisiting prospect theory and the newsvendor problem ⋮ The loss-averse newsvendor problem with quantity-oriented reference point under CVaR criterion ⋮ A note on ``Prospect theory and the newsvendor problem

Cites Work

• Advances in prospect theory: cumulative representation of uncertainty
• A note on ``Prospect theory and the newsvendor problem
• Aspirations as reference points: an experimental investigation of risk behavior over time
• Decision Bias in the Newsvendor Problem with a Known Demand Distribution: Experimental Evidence
• Prospect Theory: An Analysis of Decision under Risk