Articlebronze2012

Chinese perspective on newsvendor bias: An exploratory note

Yin Cui · Lucy Gongtao Chen · Jian Chen · Srinagesh Gavirneni · Qi Wang

39 citations0/0 files storedJournal of Operations Management

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Supply Chain and Inventory Management Decision-Making and Behavioral Economics Experimental Behavioral Economics Studies

Abstract

Abstract Chinese and American decision makers demonstrated significantly different biases while making newsvendor decisions in a laboratory experiment that utilizes the open‐ended verbal protocol analysis approach. Chinese subjects (i) asked more questions before reaching their decision, which suggests that they are more cautious when making a decision; (ii) were more frequently able to come up with a new number as their decision whereas the American decision makers tended to use one of the given numbers as their decision; (iii) were more cognizant of salvage values and as a result ordered more than the American decision makers. Due to the open‐ended, time‐consuming nature of our experiment, our subject pool was small and thus we present these results as exploratory in nature and discuss directions that are worth further study in future experiments.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 39 citations exist upstream.

References

1981Culture's Consequences: International Differences in Work-Related Values 1983Culture's Consequences: International Differences in Work-Related Values.1998Promotion and Prevention: Regulatory Focus as A Motivational Principle 2000Decision Bias in the Newsvendor Problem with a Known Demand Distribution: Experimental Evidence 1996Unraveling the "Model Minority" Stereotype: Listening to Asian American Youth 1996Unraveling the "Model Minority" Stereotype: Listening to Asian American Youth.2001A Cross-Cultural Analysis of Avoidance (Relative to Approach) Personal Goals 2008Learning by Doing in the Newsvendor Problem: A Laboratory Investigation of the Role of Experience and Feedback

Cited by

2018Behavioral Inventory Decisions 2011Trust, Trustworthiness, and Information Sharing in Supply Chains Bridging China and the U.S.2014Agent‐system co‐development in supply chain research: Propositions and demonstrative findings 2019A behavioral investigation of supply chain contracts for a newsvendor problem in a developing economy 2018Individual and cultural differences in newsvendor decision making

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.