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Information is crucial to the supply chain because it provides the foundation for managerial decisions. Inventory decisions often depend on private forecast shared by retailers. Facing uncertain demand, suppliers tend to rely on nonverifiable retailers’ reports known as “cheap talk”....
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Over the past two decades, the field of behavioral operations has demonstrated that combining economic incentives with behavioral aspects results in successful operational contracting. Social considerations (such as fairness, trust and trustworthiness, reciprocity, and others) motivate the...
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During recent two decades the behavioral operations literature has proved with numerous studies that operational contracting allies the economic incentives with the behavioral aspects. Social considerations (such as fairness, trust and trustworthiness, reciprocity, and others) motivate the...
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