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aapc 2017, 1(2): 97-126 Back to browse issues page
The Evaluation of Inventory Management with Behavioral Approach
Mohammad Reza Nikbakht, ali rahmani, Mehrdad Sadr Ara
PhD in Accounting, Faculty of Management, University of Tehran, Iran
Abstract:   (311 Views)

The aim of this study is to provide a comprehensive model for economic Decision in a laboratory environment with a behavioral approach. This study attempts to evaluate the existing empirical evidence, In a controlled test environment and the attitudes of people towards risk with respect to the timing of payments made to measure and The profitability of models of inventory management in terms of acceptance or avoid risk, on the behavioral approach. This research is in the field of positive research and the method of laboratory research (using a controlled environment).

 Payment plans and managers risk preferences is effective on the decision-making process of optimal order level. The research model presented in this study is based on behavioral models based on triple risk preferences and three payment plan in whole nine behavioral models that were compared with classical regression model. The end result of paired sample t test showed that Behavioral models developed in this study is more predictive than the classic model and also the end goal of research is Behavioral model developed in this study leads lower opportunity cost than classical models and also Order level inventory profitability is increased.

Keywords: Risk Preferences, Newsvendor Model, Mental Biases, Behavioral Approach
Full-Text [PDF 464 kb]   (136 Downloads)    
Type of Study: Research | Subject: Special
Received: 2016/12/3 | Accepted: 2017/02/19 | Published: 2017/03/19
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DOI: 10.18869/acadpub.aapc.1.2.97


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Nikbakht M R, rahmani A, Sadr Ara M. The Evaluation of Inventory Management with Behavioral Approach. aapc. 2017; 1 (2) :97-126
URL: http://aapc.khu.ac.ir/article-1-144-en.html
Volume 1, Number 2 (3-2017) Back to browse issues page
فصلنامه دستاوردهای حسابداری ارزشی و رفتاری Valued and Behavioral Accountings Achievements
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