An integrated ecological-economic decision-making approach is developed to help local stakeholders decide on land use in rural areas where the conflict between natural resource protection and economic development is pressing. It consists of four methodological steps. In the first step the...

Motivated by the contrasting strategic choices made by two divisions of 7-Eleven regarding the risk ownership of excess inventory, our research aims to understand the drivers of the choice between consignment and retail ownership of inventory and to develop rules of thumb for determining what...

We conduct an experimental study on the decision biases in a scenario where two newsvendors compete a common market, in which if stockout happens at a newsvendor, the unsatisfied demand is reallocated to his/her competitor. Following the existing theory, an experiment of competing game with...