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In this survey we review some of the main contributions to the cooperative approach of newsvendor situations. We show how newsvendor situations with several retailers can be modeled as a transferable-utility cooperative game and we concentrate on one solution concept: the core. First we examine...
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the IIA axiom, we argue that models of context-dependent behavior, such as salience theory, better explain newsvendor … loss aversion-based models and salience theory. …
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