Behavioral operations research has proliferated greatly over the decade since its first formal
review in 2006. The growth of the field warrants an objective mapping of contributions to the …

Purpose The success of a supply chain is highly reliant on effective inventory and ordering
decisions. This paper systematically reviews and analyzes the literature on inventory …

Problem definition: We study the adherence to the recommendations of a decision support
system (DSS) for clearance markdowns at Zara, the Spanish fast fashion retailer. Our focus …

People rapidly and subconsciously process information from facial images. On sharing
economy platforms, facial cues can provide a useful supplement to other information …

Determining inventory ahead of knowing customer demand is a crucial decision for many
businesses. Although it is possible to select the ideal order quantity given the costs of over …

In a two-stage supply chain (SC) without a buy-back contract, retailers may encounter two
types of regrets stemming from demand uncertainty, under-ordering regret and over …

We investigate retailers' dynamic pricing decisions in a stylized two‐period setting with
possible supply constraints and demand from both myopic and strategic consumers. We …

Decision models to optimize inventory levels are one of the core elements of operations
management. Most models assume that decision makers are fully rational and expected …

The field of behavioral operations has produced a rich tradition of experiments in
newsvendor decision‐making. Our study provides a meta‐analysis of 24 papers in this …

Experimental results support that overconfident newsvendors deviate from the optimal
inventory levels to place orders closer to the mean of demand distributions, thereby lowering …