Oligopoly newsvendor competition with reference effects

DOI10.1016/J.ORL.2020.09.006OpenAlexW3088921214MaRDI QIDQ2661567

Zhaolin Li, Samuel Nathan Kirshner

Publication date: 7 April 2021

Published in: Operations Research Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.orl.2020.09.006

zbMATH Keywords

newsvendorinventory competitionreference effectsbehavioral OM

Mathematics Subject Classification ID

Operations research, mathematical programming (90-XX)

Related Items (1)

Can loss aversion explain sourcing diversification under supply risk?

Cites Work

• Risk aversion and implicit shortage cost explain the anchoring and insufficient adjustment bias in human newsvendors
• The overconfident and optimistic price-setting newsvendor
• Decision Bias in the Newsvendor Problem with a Known Demand Distribution: Experimental Evidence

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