Liu, Wei; Song, Shiji; Wu, Cheng - In: International Journal of Production Economics 141 (2013) 1, pp. 352-359
This paper studies a newsvendor game in which two substitutable products are sold by two different retailers (newsvendors) with loss-averse preferences. Each loss-averse retailer facing stochastic customer demand and deterministic substitution rate will make an order quantity decision to...