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We study the risk attitudes of an important segment of the economy: managers. We conduct artefactual field experiments with 130 managers from 12 industrial companies. Our analysis is particularly careful to evaluate alternative models of decision-making under risk. In general, we find that the...
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Driven by the upsurge in global (out-)sourcing and the changing expectations of organizations' stakeholders, companies are increasingly being held responsible for the actions of their suppliers. Subsequently, Purchasing and Supply Management (PSM) has emerged as an important factor in...
Persistent link: https://www.econbiz.de/10010594367
This research investigates the impact of alternative allocation mechanisms that can be employed in the context of vaccine inventory rationing. Available vaccine inventory can be allocated to arrivals from high priority (target groups such as healthcare professionals) and low priority (non-target...
Persistent link: https://www.econbiz.de/10010597613
It is a well-acknowledged fact that collaboration between different members of a supply chain yields a significant potential to increase overall supply chain performance. Sharing private information has been identified as prerequisite for collaboration and, at the same time, as one of its major...
Persistent link: https://www.econbiz.de/10008865344
In many inventory settings companies wish to provide customer-differentiated service levels. These may, for example, be motivated by differences in the perceived customer lifetime value or by specific contractual agreements. One approach to provide differentiated service levels is to reserve...
Persistent link: https://www.econbiz.de/10009146287