Reference dependence in multilocation newsvendor models: A structural analysis

Keyphrases

• Newsvendor Model 100%
• Pull-to-center Effect 66%
• Psychological Costs 66%
• Center Bias 66%
• Stylized Facts 33%
• Store Location 33%
• Inventory Error 33%
• People's Preferences 33%
• Multi-location Inventory System 33%
• Likelihood Principle 33%
• Relative Salience 33%
• Risk Pooling 33%
• Newsvendor Framework 33%
• Margin Condition 33%
• Inventory Structure 33%

Psychology

• Psychology 100%
• Behavioral Theory 66%
• Behavioral Model 33%

Neuroscience

• Behavior (Neuroscience) 100%
• Human Behavior 100%