Decision-Making Biases in Operations: An Investigation of the Alignment between Decision Makers’ Preferences and Operational Goals

  • Castaneda Acevedo, Jaime Andres (PI)
  • Villa, Sebastián (CoI)

Project: Research Project

Project Details


This research project aims to understand how decision makers’ preferences for particular operational goals (e.g., optimize profit, optimize service level, meet a profit target, etc.) and their degree of alignment with given operational metrics (i.e., goals) affects performance in a traditional supply chain management area: inventory management (e.g., Newsvendor problem, Beer Game). Notwithstanding the identification of decision-making biases in this fundamental area, we still lack a clear understanding of the underlying causes of these biases.
Effective start/end date4/18/176/18/19

UN Sustainable Development Goals

In 2015, UN member states agreed to 17 global Sustainable Development Goals (SDGs) to end poverty, protect the planet and ensure prosperity for all. This project contributes towards the following SDG(s):

  • SDG 8 - Decent Work and Economic Growth

Main Funding Source

  • Competitive Funds
  • Small Amount


  • Bogotá D.C.


Explore the research topics touched on by this project. These labels are generated based on the underlying awards/grants. Together they form a unique fingerprint.