In an experimental newsvendor setting we investigate three phenomena: Level behavior ― the decision-maker's average ordering tendency; adjustment behavior ― the tendency to adjust period-to-period order quantities; and observation bias ― the tendency to let the degree of demand feedback...

Fleet optimization for postal operators (POs) is an important effort towards sustainable transportation in several ways. First, of course, is its direct economic impact through investment, amortization and operating costs. Second, is its impact on the carbon footprint of the PO. While the...

We study the impact of collaboration on the adoption of electric vehicles (EVs) among commercial fleets. Using cooperative game theory, we characterize the joint payoffs for the primary stakeholders in the EV adoption decision - the fleet manager, auto manufacturer, and electricity supplier - to...

We model a dynamic purchase context in which a consumer is uncertain about the product's valuation. The consumer has two purchase opportunities for the product: forward purchase in period 1 or spot purchase in period 2. Two forms of regret are considered: buyer's regret over the money paid in...

It is well established that accounting based incentive schemes can induce managers to adapt their behavior to manipulate accounting metrics even if such behavior is not in the best interest of the firm. Using a parsimonious model, this paper establishes how common accounting based bonus schemes...