Mathematical model to mitigate planning fallacy and to determine realistic delivery time
Planning fallacy is the tendency to underestimate the duration of a task due to the optimistic bias of individuals. We design a mechanism from the principal's perspective (an original equipment manufacturer (OEM)) to mitigate the optimistic bias of agents (a contract manufacturer (CM) and a sup...
Main Authors: | , |
---|---|
Format: | Article |
Language: | English |
Published: |
Elsevier
2018-09-01
|
Series: | IIMB Management Review |
Online Access: | http://www.sciencedirect.com/science/article/pii/S0970389618302428 |