How to compete against a behavioral newsvendor
dc.contributor.author | Ovchinnikov, A. | |
dc.contributor.author | Moritz, Brent | |
dc.contributor.author | Quiroga, Bernardo F. | |
dc.date.accessioned | 2020-04-20T16:19:13Z | |
dc.date.available | 2020-04-20T16:19:13Z | |
dc.date.issued | 2015 | |
dc.date.updated | 2020-03-31T21:32:18Z | |
dc.description.abstract | We investigate newsvendor ordering behavior under competition. We present a laboratory experiment that documents the behavioral ordering regularities in competitive newsvendor environments, and an analytical model extending the standard theory of newsvendor competition by including an optimal best-response policy for competing with a behaviorally biased newsvendor. We test the effectiveness of this policy using an out-of-sample experiment and find that it results in improved market share, service level and profitability | |
dc.identifier.doi | 10.1111/poms.12361 | |
dc.identifier.issn | 1937-5956 | |
dc.identifier.uri | https://repositorio.uc.cl/handle/11534/28676 | |
dc.identifier.uri | http://www.scopus.com/inward/record.url?eid=2-s2.0-84955312992&partnerID=MN8TOARS | |
dc.issue.numero | No. 11 | |
dc.language.iso | en | |
dc.pagina.final | 1793 | |
dc.pagina.inicio | 1783 | |
dc.relation.isformatof | Production and Operations Management, vol. 24, no. 11 (2015), pp. 1783-1793. | |
dc.revista | Production and Operations Management | es_ES |
dc.rights | acceso restringido | |
dc.subject | Behavioral operations management | es_ES |
dc.subject | Competition | es_ES |
dc.subject | Experimental economics | es_ES |
dc.subject | Newsvendor | es_ES |
dc.subject.ddc | 650 | |
dc.subject.dewey | Administración | es_ES |
dc.title | How to compete against a behavioral newsvendor | es_ES |
dc.type | artículo | |
dc.volumen | Vol. 24 | |
sipa.codpersvinculados | 120937 |