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Behavioural Insights Into Supply Chain Risk Management

Author

Listed:
  • Alexandra-Codruta Popescu (Bîzoi)

    (West University of Timisoara Faculty of Economics and Business Administration)

  • Cristian-Gabriel Bîzoi

    (West University of Timisoara Faculty of Economics and Business Administration)

Abstract

Literature has focused largely on the field of supply chain risk management. Numerous risks occur within supply chain management. Until lately, behavioural risks (implying large amount of losses) have been neglected and considered not relevant. In this paper we provide an analysis of the importance of including behavioural research in logistics and supply chain risk management, what has been written so far and potential future research directions. Until now, literature on logistics and supply chain management little addressed behavioural dimensions, neglecting the numerous human interactions.

Suggested Citation

  • Alexandra-Codruta Popescu (Bîzoi) & Cristian-Gabriel Bîzoi, 2015. "Behavioural Insights Into Supply Chain Risk Management," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, vol. 1(43), pages 174-187.
    • Handle: RePEc:aio:aucsse:v:1:y:2015:i:43:p:174-187
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    File URL: http://feaa.ucv.ro/AUCSSE/0043v1-017.pdf
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    References listed on IDEAS

    as
    1. Daniel Kahneman & Amos Tversky, 2013. "Prospect Theory: An Analysis of Decision Under Risk," World Scientific Book Chapters, in: Leonard C MacLean & William T Ziemba (ed.), HANDBOOK OF THE FUNDAMENTALS OF FINANCIAL DECISION MAKING Part I, chapter 6, pages 99-127, World Scientific Publishing Co. Pte. Ltd..
    2. Sandy D. Jap & Erin Anderson, 2003. "Safeguarding Interorganizational Performance and Continuity Under Ex Post Opportunism," Management Science, INFORMS, vol. 49(12), pages 1684-1701, December.
    3. Jean Tirole, 1999. "Incomplete Contracts: Where Do We Stand?," Econometrica, Econometric Society, vol. 67(4), pages 741-782, July.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    supply chain management; supply chain risk management; behavioural economics; decisional process; logistics;
    All these keywords.

    JEL classification:

    • C44 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Operations Research; Statistical Decision Theory
    • F66 - International Economics - - Economic Impacts of Globalization - - - Labor

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