How Does Overconfidence Affect Decision Making of the Green Product Manufacturer?

Overconfidence is a universal and prevalent cognitive bias affecting decision making in operation management. In this paper, overconfidence is defined as a cognitive bias in which decision makers overestimate the accuracy of demand forecasting or (and) the demand itself. We call these two behaviors...

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Bibliographic Details
Main Authors: Jian Liu, Hui Zhou, Miyu Wan, Lu Liu
Format: Article
Language:English
Published: Hindawi Limited 2019-01-01
Series:Mathematical Problems in Engineering
Online Access:http://dx.doi.org/10.1155/2019/5936940