메뉴 건너뛰기




Volumn 60, Issue 4, 2014, Pages 1057-1062

Prospect theory and the newsvendor problem

Author keywords

Newsvendor problem; Prospect Theory; Risk preference

Indexed keywords

MANAGEMENT SCIENCE;

EID: 84899478622     PISSN: 00251909     EISSN: 15265501     Source Type: Journal    
DOI: 10.1287/mnsc.2013.1804     Document Type: Article
Times cited : (102)

References (22)
  • 1
    • 0009998963 scopus 로고    scopus 로고
    • Impact of uncertainty and risk aversion on price and order quantity in the newsvendor problem
    • Agrawal V, Seshadri S (2000) Impact of uncertainty and risk aversion on price and order quantity in the newsvendor problem. Manufacturing Services Oper. Management 2(4):410-423.
    • (2000) Manufacturing Services Oper. Management , vol.2 , Issue.4 , pp. 410-423
    • Agrawal, V.1    Seshadri, S.2
  • 2
    • 0001248680 scopus 로고
    • Le comportement de l'homme rationel devant le risque, critique des postulates et axiomes de l'ecole americaine
    • Allais M (1953) Le comportement de l'homme rationel devant le risque, critique des postulates et axiomes de l'ecole americaine. Econometrica 21(4):503-546.
    • (1953) Econometrica , vol.21 , Issue.4 , pp. 503-546
    • Allais, M.1
  • 3
    • 49749137406 scopus 로고    scopus 로고
    • Decision-making and the newsvendor problem: An experimental study
    • Benzion U, Cohen Y, Peled R, Shavit T (2008) Decision-making and the newsvendor problem: An experimental study. J. Oper. Res. Soc. 59:1281-1287.
    • (2008) J. Oper. Res. Soc. , vol.59 , pp. 1281-1287
    • Benzion, U.1    Cohen, Y.2    Peled, R.3    Shavit, T.4
  • 4
    • 61349192578 scopus 로고    scopus 로고
    • Learning by doing in the newsvendor problem: A laboratory investigation of the role of experience and feedback
    • Bolton GE, Katok E (2008) Learning by doing in the newsvendor problem: A laboratory investigation of the role of experience and feedback. Manufacturing Service Oper. Management 10(3):519-538.
    • (2008) Manufacturing Service Oper. Management , vol.10 , Issue.3 , pp. 519-538
    • Bolton, G.E.1    Katok, E.2
  • 5
    • 0000935059 scopus 로고
    • Violations of the betweenness axiom and nonlinearity in probability
    • Camerer CF, Ho T (1994) Violations of the betweenness axiom and nonlinearity in probability. J. Risk Uncertainty 8:167-196.
    • (1994) J. Risk Uncertainty , vol.8 , pp. 167-196
    • Camerer, C.F.1    Ho, T.2
  • 7
    • 21444457003 scopus 로고    scopus 로고
    • Original and cumulative prospect theory: A discussion of empirical differences
    • Fennema H, Wakker P (1997) Original and cumulative prospect theory: A discussion of empirical differences. J. Behav. Decision Making (5):53-64.
    • (1997) J. Behav. Decision Making , vol.5 , pp. 53-64
    • Fennema, H.1    Wakker, P.2
  • 8
    • 77955442109 scopus 로고    scopus 로고
    • Anatomy of a newsvendor decision: Observations from a verbal protocol analysis
    • Gavirneni S, Isen AM (2009) Anatomy of a newsvendor decision: Observations from a verbal protocol analysis. Production Oper. Management 19(4):453-462.
    • (2009) Production Oper. Management , vol.19 , Issue.4 , pp. 453-462
    • Gavirneni, S.1    Isen, A.M.2
  • 9
    • 79951861026 scopus 로고    scopus 로고
    • Portfolio choice under cumulative prospect theory: An analytical treatment
    • He XD, Zhou XY (2011) Portfolio choice under cumulative prospect theory: An analytical treatment. Management Sci. 57(2):315-331.
    • (2011) Management Sci. , vol.57 , Issue.2 , pp. 315-331
    • He, X.D.1    Zhou, X.Y.2
  • 10
    • 78649722697 scopus 로고    scopus 로고
    • Reference dependence in multilocation newsvendor models: A structural analysis
    • Ho T-H, Lim N, Cui TH (2010) Reference dependence in multilocation newsvendor models: A structural analysis. Management Sci. 56(11):1891-1910.
    • (2010) Management Sci. , vol.56 , Issue.11 , pp. 1891-1910
    • Ho, T.-H.1    Lim, N.2    Cui, T.H.3
  • 11
    • 0000125532 scopus 로고
    • Prospect theory: An analysis of decision under risk
    • Kahneman D, Tversky A (1979) Prospect theory: An analysis of decision under risk. Econometrica 47(2):263-292.
    • (1979) Econometrica , vol.47 , Issue.2 , pp. 263-292
    • Kahneman, D.1    Tversky, A.2
  • 12
    • 84861833064 scopus 로고    scopus 로고
    • Using laboratory experiments to build better operations management models
    • Katok E (2011) Using laboratory experiments to build better operations management models. Foundations Trends Tech., Inform. Oper. Management 5(1):1-86.
    • (2011) Foundations Trends Tech., Inform. Oper. Management , vol.5 , Issue.1 , pp. 1-86
    • Katok, E.1
  • 14
    • 46549099071 scopus 로고
    • The equity premium: A puzzle
    • Mehra R, Prescott E (1985) The equity premium: A puzzle. J. Monetary Econom. 15(2):145-161.
    • (1985) J. Monetary Econom. , vol.15 , Issue.2 , pp. 145-161
    • Mehra, R.1    Prescott, E.2
  • 15
    • 0001750296 scopus 로고    scopus 로고
    • The probability weighting function
    • Prelec D (1998) The probability weighting function. Econometrica 66(3):497-527.
    • (1998) Econometrica , vol.66 , Issue.3 , pp. 497-527
    • Prelec, D.1
  • 16
    • 0042813556 scopus 로고    scopus 로고
    • The nobel memorial prize for daniel kahneman
    • Rabin M (2003) The Nobel memorial prize for Daniel Kahneman. Scand. J. Econom. 105(2):157-180.
    • (2003) Scand. J. Econom. , vol.105 , Issue.2 , pp. 157-180
    • Rabin, M.1
  • 17
    • 0033876686 scopus 로고    scopus 로고
    • Decision bias in the newsvendor problem with a known demand distribution: Experimental evidence
    • Schweitzer ME, Cachon GP (2000) Decision bias in the newsvendor problem with a known demand distribution: Experimental evidence. Management Sci. 46(3):404-420.
    • (2000) Management Sci. , vol.46 , Issue.3 , pp. 404-420
    • Schweitzer, M.E.1    Cachon, G.P.2
  • 18
    • 33646697781 scopus 로고    scopus 로고
    • Cumulative prospect theory's functional menagerie
    • Stott HP (2006) Cumulative prospect theory's functional menagerie. J. Risk Uncertainty 32(2):101-130.
    • (2006) J. Risk Uncertainty , vol.32 , Issue.2 , pp. 101-130
    • Stott, H.P.1
  • 19
    • 61349120745 scopus 로고    scopus 로고
    • Bounded rationality in newsvendor models
    • Su X (2008) Bounded rationality in newsvendor models. Manufacturing Service Oper. Management 10(4):566-589.
    • (2008) Manufacturing Service Oper. Management , vol.10 , Issue.4 , pp. 566-589
    • Su, X.1
  • 20
    • 31744450082 scopus 로고
    • Advances in prospect theory: Cumulative representation of uncertainty
    • Tversky A, Kahneman D (1992) Advances in prospect theory: Cumulative representation of uncertainty. J. Risk Uncertainty 5(4):297-323.
    • (1992) J. Risk Uncertainty , vol.5 , Issue.4 , pp. 297-323
    • Tversky, A.1    Kahneman, D.2
  • 21
    • 58149240020 scopus 로고    scopus 로고
    • Would a risk-averse newsvendor order less at a higher selling price?
    • Wang CX, Webster S, Suresh NC (2009) Would a risk-averse newsvendor order less at a higher selling price? Eur. J. Oper. Res. 196(2):544-553.
    • (2009) Eur. J. Oper. Res. , vol.196 , Issue.2 , pp. 544-553
    • Wang, C.X.1    Webster, S.2    Suresh, N.C.3
  • 22
    • 0001126729 scopus 로고    scopus 로고
    • Curvature of the probability weighting function
    • Wu G, Gonzalez R (1996) Curvature of the probability weighting function. Management Sci. 42(12):1676-1690.
    • (1996) Management Sci. , vol.42 , Issue.12 , pp. 1676-1690
    • Wu, G.1    Gonzalez, R.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.