How to compete against a behavioral newsvendor

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dc.contributor.authorOvchinnikov, A.
dc.contributor.authorMoritz, Brent
dc.contributor.authorQuiroga, Bernardo F.
dc.date.accessioned2020-04-20T16:19:13Z
dc.date.available2020-04-20T16:19:13Z
dc.date.issued2015
dc.date.updated2020-03-31T21:32:18Z
dc.description.abstractWe 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.doi10.1111/poms.12361
dc.identifier.issn1937-5956
dc.identifier.urihttps://repositorio.uc.cl/handle/11534/28676
dc.identifier.urihttp://www.scopus.com/inward/record.url?eid=2-s2.0-84955312992&partnerID=MN8TOARS
dc.issue.numeroNo. 11
dc.language.isoen
dc.pagina.final1793
dc.pagina.inicio1783
dc.relation.isformatofProduction and Operations Management, vol. 24, no. 11 (2015), pp. 1783-1793.
dc.revistaProduction and Operations Managementes_ES
dc.subjectBehavioral operations managementes_ES
dc.subjectCompetitiones_ES
dc.subjectExperimental economicses_ES
dc.subjectNewsvendores_ES
dc.subject.ddc650
dc.subject.deweyAdministraciónes_ES
dc.titleHow to compete against a behavioral newsvendores_ES
dc.typeartículo
dc.volumenVol. 24
sipa.codpersvinculados120937
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