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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Autores:

Tipo de recurso:

Fecha de publicación:

2015

Institución:

Universidad del Rosario

Repositorio:

Repositorio EdocUR - U. Rosario

Idioma:

eng

OAI Identifier:

oai:repository.urosario.edu.co:10336/28895

Acceso en línea:

https://doi.org/10.1093/acprof:oso/9780199357215.003.0012
https://repository.urosario.edu.co/handle/10336/28895

Palabra clave:

Debiasing
Inventory prepositioning
Newsvendor
Portfolio
Pull-to-center effect

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