Construct · 1 fields · 1 citations

newsvendor overconfidence: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed
newsvendoroverconfidence1 CONSTRUCTNewsvendorREN · BEHAVIORAL OPERATIONS

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Behavioral operations

decision makers underestimating demand variance, which pushes their orders toward the mean and explains part of newsvendor bias.

In behavioral operations, newsvendor overconfidence refers to decision makers underestimating demand variance, which pushes their orders toward the mean and explains part of newsvendor bias. This meaning comes from Ren (2013) in Management Science.[1]

Unit
Recovery means
Measured by

Next

Run it through the Collider, or take the citations with you.

See how newsvendor overconfidence sits against neighbouring constructs in the Collider, or export every reference on this page in one click.

Open in ColliderExport BibTeXReport this entry

Nearby constructs

behavioral operations1 fields · 1 citationsanchor · a standalone constructbias6 fields · 8 citationsjingle · one name, six constructsdemand4 fields · 4 citationsjingle · one word, four constructs

References

  1. Ren, Y., & Croson, R. (2013). Overconfidence in Newsvendor Orders: An Experimental Study. Management Science, 59(11), 2502-2517. https://doi.org/10.1287/mnsc.2013.1715

Cited on this page?

Confirm your construct, or correct us.

If your work is cited behind one of these entries, you know better than we do whether we captured the meaning right. Confirm it, suggest an edit, or dispute it, and your name goes on the entry as an author who has checked it, linked to your ORCID.

Claim your construct