Social Preferences and Supply Chain Performance: An Experimental Study
By Christoph H. Loch, Yaozhong Wu. Management Sciences, 2008
454 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Management Information Systems, Safety Research
View Paper: https://www.semanticscholar.org/paper/b93490e4423b6cbd7a0f83d1beaebb0e1d653e33
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In Economics and Econometrics
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In Safety Research
Citations in the corpus
- Fairness in supply chain contracts: A laboratory study (2013, methodology): “Loch and Wu (2008) report on a set of laboratory experiments that show that wholesale price contract fails to coordinate the channel even after participants have been primed for cooperation.”
- Wholesale Pricing under Mild and Privately Known Concerns for Fairness (2014, background): “Loch and Wu (2008) show that in an experimental game in which a supplier and a retailer play repeatedly and are primed for a positive relationship, 95% of the supplier’s offers are below the theory predictions for profit-maximizing players and, similarly, the retailers respond with market prices…”
- Newsvendor model for a dyadic supply chain with Nash bargaining fairness concerns (2014, background): “Both of them are assumed to have the preference of status seeking, which means they have the desires for a higher relative payoff compared with the other party’s (Loch and Wu 2008).”
- Game-theoretical analysis for supply chain with consumer preference to low carbon (2015, background): “However, recent developments in behavioural economics suggest that actors may care about behavioural utility in addition to economic benefits (Loch and Wu 2008).”
- Distributional and Peer‐Induced Fairness in Supply Chain Contract Design (2013, background): “…decisions predicted by standard models, research on social preferences shows both positive effects of fairness and reciprocity on performance (Cui et al. 2007, Loch and Wu 2008, Wu et al. 2011) and negative effects of social comparison among peers in making inventory decisions (Avci et al. 2012).”