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Transshipments in supply chains: A behavioral investigation

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dc.creatorVilla, Sebastiánspa
dc.creatorCastañeda, Jaime Andrésspa
dc.date.accessioned2020-05-26T00:07:35Z
dc.date.available2020-05-26T00:07:35Z
dc.date.created2018spa
dc.description.abstractBehavioral operations studies in inventory management under demand uncertainty have focused on understanding decision-making processes of a single actor. However, interactions among multiple actors have received little attention, despite their importance for the creation of proper policies that improve real operations. We contribute to this literature by experimentally exploring the behavioral biases of retailers’ ordering decisions in a system composed by two symmetric retailers (newsvendors) and an automated supplier, where transshipments between retailers can be used as a strategy to improve the overall supply chain performance. This paper is the first behavioral study that evaluates whether actors coordinate their decisions through transshipment strategies. We analyze the effect of (i) different profitability conditions, (ii) communication and (iii) different behavioral best response heuristics. Results show retailers do not take advantage of transshipments to coordinate the supply chain, and although communication reduces retailers’ ordering biases, coordination does not improve. However, implementing best response heuristics that account for behavioral biases improves supply chain coordination. © 2018 Elsevier B.V.eng
dc.format.mimetypeapplication/pdf
dc.identifier.doihttps://doi.org/10.1016/j.ejor.2018.02.025
dc.identifier.issn3772217
dc.identifier.urihttps://repository.urosario.edu.co/handle/10336/24014
dc.language.isoengspa
dc.publisherElsevier B.V.spa
dc.relation.citationEndPage729
dc.relation.citationIssueNo. 2
dc.relation.citationStartPage715
dc.relation.citationTitleEuropean Journal of Operational Research
dc.relation.citationVolumeVol. 269
dc.relation.ispartofEuropean Journal of Operational Research, ISSN:3772217, Vol.269, No.2 (2018); pp. 715-729spa
dc.relation.urihttps://www.scopus.com/inward/record.uri?eid=2-s2.0-85042884339&doi=10.1016%2fj.ejor.2018.02.025&partnerID=40&md5=99363b40b0a5e7db05505e3b3f4e2ea4spa
dc.rights.accesRightsinfo:eu-repo/semantics/openAccess
dc.rights.accesoAbierto (Texto Completo)spa
dc.source.instnameinstname:Universidad del Rosariospa
dc.source.reponamereponame:Repositorio Institucional EdocURspa
dc.subject.keywordCommunicationspa
dc.subject.keywordInventory controlspa
dc.subject.keywordSalesspa
dc.subject.keywordSupply chain managementspa
dc.subject.keywordBehavioral operationsspa
dc.subject.keywordBehavioral ORspa
dc.subject.keywordCoordinationspa
dc.subject.keywordDecision making processspa
dc.subject.keywordInventory managementspa
dc.subject.keywordSupply chain coordinationspa
dc.subject.keywordSupply chain performancespa
dc.subject.keywordTransshipmentsspa
dc.subject.keywordDecision makingspa
dc.subject.keywordBehavioral ORspa
dc.subject.keywordCommunicationspa
dc.subject.keywordCoordinationspa
dc.subject.keywordSupply Chain Managementspa
dc.subject.keywordTransshipmentsspa
dc.titleTransshipments in supply chains: A behavioral investigationspa
dc.typearticleeng
dc.type.hasVersioninfo:eu-repo/semantics/publishedVersion
dc.type.spaArtículospa
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