In this study, we enrich a standard principal-agent model with hidden action by introducing salience-biased perception on the agent's side. The agent's misguided focus on salient payoffs, which leads the agent's and the principal's probability assessments to diverge, has two effects: First, the...

Purpose: The aim of the paper is to develop a concept for implementing supply chain risk management (SCRM) in crisis situations based on recommendations for action. Methodology: The paper utilizes a mixed-method approach based on a systematic literature review and an interview study to analyze...