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2024 | OriginalPaper | Buchkapitel

The Effect of Risk Aversion and Experiential Learning on Domain Knowledge Acquisition Using the Beer Game

verfasst von : Daiya Watanabe, Jundai Koketsu, Aya Ishigaki, Ryuta Takashima, Hajime Nishida

Erschienen in: Proceedings of Industrial Engineering and Management

Verlag: Springer Nature Singapore

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Abstract

This study aims to determine the effects of risk aversion and experiential learning on decision making regarding inventory management in supply chain management. The experiment replicated the replenishment decision model in a beer game. A total of 33 subjects participated in the experiment, including students and inventory control experts in the Department of Industrial Engineering at the Tokyo University of Science. In this study, it was found that the decision-making results tended to differ depending on the degree of risk aversion after a number of experiments. Future work is needed to analyze the impact of the factors identified in this study on supply chain performance.

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Titel: The Effect of Risk Aversion and Experiential Learning on Domain Knowledge Acquisition Using the Beer Game
verfasst von: Daiya Watanabe
Jundai Koketsu
Aya Ishigaki
Ryuta Takashima
Hajime Nishida
Verlag: Springer Nature Singapore
Buch: Proceedings of Industrial Engineering and Management
Print ISBN: 978-981-9701-93-3

Electronic ISBN: 978-981-9701-94-0

Copyright-Jahr: 2024
DOI: https://doi.org/10.1007/978-981-97-0194-0_41

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