decision biases in behavioral operations management /
First Statement of Responsibility
Michael Becker-Peth.
.PUBLICATION, DISTRIBUTION, ETC
Place of Publication, Distribution, etc.
Wiesbaden, Germany :
Name of Publisher, Distributor, etc.
Springer Gabler,
Date of Publication, Distribution, etc.
2012.
PHYSICAL DESCRIPTION
Specific Material Designation and Extent of Item
1 online resource (xv, 129 pages) :
Other Physical Details
illustrations
SERIES
Series Title
Edition KWV
INTERNAL BIBLIOGRAPHIES/INDEXES NOTE
Text of Note
Includes bibliographical references.
CONTENTS NOTE
Text of Note
1. Introduction -- 2. Designing Contracts for Irrational but Predictable Newsvendor -- 3. Contract Specic Reference Points in Supply Contracts -- 4. Empirical Newsvendor Decision Biases under a Service Level Contract -- 5. Conclusion -- A. Appendix -- Bibliography.
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SUMMARY OR ABSTRACT
Text of Note
Behavioral operations management is a new and growing research field incorporating behavioral aspects of decision making into operations management models, challenging the assumption of fully rational decision makers. Behavioral aspects include risk-aversion, mental accounting, reference points, or bounded rationality. In this book the author presents experimental and empirical studies that address behavioral decision making in the supply chain contracting context. First, different behavioral aspects are incorporated in the decision making process of a buyback and a revenue sharing contract. Second, an empirical decision maker is analyzed facing a service level contract. Potential readership includes scholars and graduate students who are interested in the field of behavioral operations management and practitioners looking for behavioral aspects of decision making in supply chain contracting context.