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