In this paper, we provide a perspective on why behavioral research is critical to the
operations management (OM) field, what prior research exists, and what opportunities lie …

Whenever intrepid researchers venture into new terrain, they find that they require
knowledge outside of their formal training. This paper reviews bodies of knowledge for …

We examine historical banking crises through the lens of bank equity declines, which cover
a broad sample of episodes of banking distress with and without banking panics. To do this …

Behavioral operations is now an established and fundamental research field dedicated to
understanding how the behavior of managers, workers, and customers influences …

Previous studies have shown that individuals make suboptimal decisions in a variety of
supply chain and inventory settings. We hypothesize that one cause is that individuals are …

We investigate learning by doing in the newsvendor inventory problem. An earlier study
observed that decision makers tend to anchor their orders around average demand and fail …

Many theoretical models adopt a normative approach and assume that decision makers are
perfect optimizers. In contrast, this paper takes a descriptive approach and considers …

We compare how experienced procurement managers and students solve the newsvendor
problem. We find that managers broadly exhibit the same kind of pull-to-center bias as …

The coordination of supply chains by means of contracting mechanisms has been
extensively explored theoretically but not tested empirically. We investigate the performance …

We incorporate social preferences, which are divided into relationship preferences and
status preferences, and consumer low-carbon awareness into a supply chain with one …