Kicking the "mean" habit: joint prepositioning in debiasing pull-to-center effects

Behavioral studies of the newsvendor model have revealed systematic underordering for low-cost products and overordering for high-cost products. This systematic deviation from optimal ordering is known as the pull-to-center effect. This chapter proposes a joint newsvendor framework or portfolio that...

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Detalles Bibliográficos
Autores Principales: Castañeda, Jaime A., Gonçalves, Paulo
Formato: Capítulo de libro (Book Chapter)
Lenguaje:Inglés (English)
Publicado: Oxford University Press 2015
Materias:
Acceso en línea:https://repository.urosario.edu.co/handle/10336/28895
https://doi.org/10.1093/acprof:oso/9780199357215.003.0012