Andreas Größler (presenting author), (Institute of Business Administration, Operations Management Department, University of Stuttgart)
Ivan Dula, (Institute of Business Administration, Operations Management Department, University of Stuttgart)
April 14th, 2022
12 AM to 12.40 PM (UK GMT-1)
1 PM; to 1.40 PM (CET, Berlin)
https://us02web.zoom.us/j/89595795858?pwd=djNyanVPOWphZkZLL0NWZ1pHNkRzQT09
Meeting-ID: 895 9579 5858
Code: 507724
Abstract:
The purpose of this presentation is to explain, how dynamic models of inequity aversion and fairness can be developed for dynamically complex supply chains. Based on the differences between the conceptualizations of individual models and differences between subsequent simulation results, we discuss implications of fairness for decision-makers in supply chains. We find that, if supply chain members have social preferences, such as fairness concerns, they will experience a reduction in their utilities. Depending on their reference point, this reduction of utility could potentially explain different evaluation of performance by different economic actors and their willingness to make risky decisions.
Why should you join?
- translates well-known theories of social preferences into dynamic models
- applies these models to deduce behaviour in supply chains
- discusses the characteristics of paradigmatic models in BOR