Joint Inventory, Pricing, and Advertising Decisions with Surplus and Stockout Loss Aversions

The newsvendor models considering decision-makers’ behavioral factors remain a fruitful research area in operation management field in past decade. In this paper, we further extend the current literatures to look into joint inventory, pricing, and advertising decisions considering loss aversion effe...

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Bibliographic Details
Main Authors: Bing-Bing Cao, Zhi-Ping Fan, Hongyan Li, Tian-Hui You
Format: Article
Language:English
Published: Hindawi Limited 2016-01-01
Series:Discrete Dynamics in Nature and Society
Online Access:http://dx.doi.org/10.1155/2016/1907680