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...

Recently researchers have integrated aspects of supply risk management into decision models for determining the optimal design of supply networks. A purchasing manager faces a fundamental trade-off when designing the supply network and deciding upon the allocation of purchasing volumes across a...