Chinese perspective on newsvendor bias: An exploratory note

Journal of Operations Management

Volumn 31, Issue 1-2, 2013, Pages 93-97

  Cui, Yin ^a   Chen, Lucy Gongtao ^b   Chen, Jian ^a   Gavirneni, Srinagesh ^c   Wang, Qi ^d  

^a Tsinghua University   (China)

^b NATIONAL UNIVERSITY OF SINGAPORE   (Singapore)

^c The Samuel Curtis Johnson Graduate School of Management   (United States)

^d Department of Obstetrics Gynecology   (United States)

Author keywords

Behavioral operations; Cultural differences; Inventory management; Newsvendor model; Verbal protocol analysis

Indexed keywords

DECISION MAKING; INVENTORY CONTROL;

BEHAVIORAL OPERATIONS; CULTURAL DIFFERENCE; INVENTORY MANAGEMENT; NEWSVENDOR MODELS; VERBAL PROTOCOL ANALYSIS;

EXPERIMENTS;

EID: 84902362946     PISSN: 02726963     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jom.2012.10.001     Document Type: Article

References (22)

1. Beehive, 2007. Waste works. The Newsletter of Manchester Environmental Education Network Autumn.
2. Benzion, U., Cohen, Y., Peled, R., Shavit, T., 2008. Decision-making and the newsvendor problem - an experimental study. Journal of Operational Research Society 59 (9), 1281-1287.
3. Bolton, G.E., Katok, E., 2008. Learning-by-doing in the newsvendor problem: a laboratory investigation of the role of experience and feedback. Working Paper, Penn State University. Manufacturing and Service Operations Management, 10 (3) 519-538.
4. Bolton, G.E., Ockenfels, A., Thonemann, U.W., 2010. Managers and students as newsvendors: how out-of-task experience matter. Working paper, University of Cologne.
5. Bostian, J.A., Holt, C.A., Smith, A.A., 2008. Newsvendor "pull-to-center" effect: adaptive learning in a laboratory experiment. Manufacturing and Service Operations Management 10 (4), 590-608.
6. Chinta, R., Capar, N., 2007. Comparative analysis of managerial values in the USA and China. Journal of Technology Management in China 2 (3), 212-224.
7. Cotter, H., 2009. The collected ingredients of a Beijing life. The New York Times http://www.nytimes.com/2009/07/15/arts/design/15song.html
8. Drake, D., Rudi, N., 2010. Level, adjustment, and observation biases in the newsvendor model. Working paper, INSEAD.
9. Elliot, A.J., Chirkov, V.I., Kim, Y., Sheldon, K.M., 2001. A cross-cultural analysis of avoidance (relative to approach) personal goals. Psychological Science 12 (6), 505-510. (Pubitemid 33653569)
10. Feng, T., Keller, L.R., Zheng, X., 2011. Decision making in the newsvendor problem: a cross-national laboratory study. Omega 39 (1), 41-50.
11. Gavirneni, S., Isen, A.M., 2010. Anatomy of a newsvendor decision: observations from a verbal protocol analysis. Production and Operations Management 19 (4), 453-462.
12. Higgins, E.T., 1998. Promotion and prevention: regulatory focus as a motivational principle. Advances in Experimental Social Psychology 30 (1), 1-46.
13. Hofstede, G., 1980. Culture's Consequences: International Differences in Work-Related Values. Sage, Beverly Hills, CA.
14. Kuan, D., 2007. How to Eat Peking Duck in Beijing. http://www.worldhum. com/features/how-to/how-to-eat-peking-duck-in-beijing-20071128/
15. Lalwani, A.K., Shrum, L.J., Chiu, C., 2009. Motivated response styles: the role of cultural values, regulatory focus, and self-consciousness in socially desirable responding. Journal of Personality and Social Psychology 96 (4), 870-882.
16. Lee, S.J., 1996. Unraveling the "Model Minority" Stereotype: Listening to Asian American Youth. Teachers College Press, New York.
17. Naor, M., Goldstein, S.M., Linderman, K.W., Schroeder, R.G., 2008. The role of culture as driver of quality management and performance: infrastructure versus core quality practices. Decision Sciences 39 (4), 671-702.
18. Schweitzer, M.E., Cachon, G.P., 2000. Decision bias in the newsvendor problem with a known demand distribution: experimental evidence. Management Science 46 (3), 404-420. (Pubitemid 30596823)
19. Stevenson, H.W., Stigler, J.W., 1992. The Learning Gap. Simon & Schuster, New York.
20. Stigler, J.W., Perry, M., 1990. Mathematics learning in Japanese, Chinese, and American classrooms. In: Stigler, J.W., Shweder, R.A., Herdt, G. (Eds.), Cultural Psychology. Cambridge University Press, NY, pp. 328-353.
21. Tung, R.L., Baumann, C., 2009. Comparing the attitudes toward money, material possessions and savings of overseas Chinese vis-a-vis Chinese in China: convergence, divergence or cross-vergence, vis-a-vis 'one size fits all' human resource management policies and practices. International Journal of Human Resource Management 20 (11), 2382-2401.
22. Yeh, C.J., 2001. An exploratory study of school counselors' experiences with and perceptions of Asian-American students' concerns. Professional School Counseling 4 (5), 349-356.