{"title":"中断期间的算法厌恶:安全库存案例","authors":"","doi":"10.1016/j.ijpe.2024.109442","DOIUrl":null,"url":null,"abstract":"<div><div>Algorithm aversion occurs when organizations or individuals reject optimal analytical decision support in favour of informal, subjective decisions. This phenomenon has been observed in many practical decision-making scenarios and is generally believed to negatively impact decision quality. However, its existence and effect in volatile supply chain environments has not been empirically tested in the literature. Safety stock buffering demand volatility is an important decision in supply chain management, making it an ideal lens to observe algorithm aversion. In this paper, we empirically investigate algorithm aversion behaviour in the context of safety stock settings. We collect data from a case retail company across a range of stockkeeping units (SKUs), encompassing both pre-disruption and post-disruption time stages with varying levels of volatility. We introduce a simulation model to determine whether algorithm aversion exists for safety stock decisions and to assess how algorithm adoption and adaptation affects performance. Our findings indicate that algorithm aversion occurs during supply chain disruptions, with algorithmic decisions significantly outperforming human judgment. Based on interview results and theories of information systems, we propose a theory to explain and generalize the above findings. This theory attributes algorithm aversion behaviour to reduced sense of fitness among algorithm users and lack of slack resources for both users and developers. It also offers insights into how the adoption and adaptation of algorithms influence decision performance during disruptive events.</div></div>","PeriodicalId":14287,"journal":{"name":"International Journal of Production Economics","volume":null,"pages":null},"PeriodicalIF":9.8000,"publicationDate":"2024-10-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Algorithm aversion during disruptions: The case of safety stock\",\"authors\":\"\",\"doi\":\"10.1016/j.ijpe.2024.109442\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><div>Algorithm aversion occurs when organizations or individuals reject optimal analytical decision support in favour of informal, subjective decisions. This phenomenon has been observed in many practical decision-making scenarios and is generally believed to negatively impact decision quality. However, its existence and effect in volatile supply chain environments has not been empirically tested in the literature. Safety stock buffering demand volatility is an important decision in supply chain management, making it an ideal lens to observe algorithm aversion. In this paper, we empirically investigate algorithm aversion behaviour in the context of safety stock settings. We collect data from a case retail company across a range of stockkeeping units (SKUs), encompassing both pre-disruption and post-disruption time stages with varying levels of volatility. We introduce a simulation model to determine whether algorithm aversion exists for safety stock decisions and to assess how algorithm adoption and adaptation affects performance. Our findings indicate that algorithm aversion occurs during supply chain disruptions, with algorithmic decisions significantly outperforming human judgment. Based on interview results and theories of information systems, we propose a theory to explain and generalize the above findings. This theory attributes algorithm aversion behaviour to reduced sense of fitness among algorithm users and lack of slack resources for both users and developers. It also offers insights into how the adoption and adaptation of algorithms influence decision performance during disruptive events.</div></div>\",\"PeriodicalId\":14287,\"journal\":{\"name\":\"International Journal of Production Economics\",\"volume\":null,\"pages\":null},\"PeriodicalIF\":9.8000,\"publicationDate\":\"2024-10-18\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"International Journal of Production Economics\",\"FirstCategoryId\":\"5\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S0925527324002998\",\"RegionNum\":1,\"RegionCategory\":\"工程技术\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"ENGINEERING, INDUSTRIAL\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Journal of Production Economics","FirstCategoryId":"5","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0925527324002998","RegionNum":1,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ENGINEERING, INDUSTRIAL","Score":null,"Total":0}
Algorithm aversion during disruptions: The case of safety stock
Algorithm aversion occurs when organizations or individuals reject optimal analytical decision support in favour of informal, subjective decisions. This phenomenon has been observed in many practical decision-making scenarios and is generally believed to negatively impact decision quality. However, its existence and effect in volatile supply chain environments has not been empirically tested in the literature. Safety stock buffering demand volatility is an important decision in supply chain management, making it an ideal lens to observe algorithm aversion. In this paper, we empirically investigate algorithm aversion behaviour in the context of safety stock settings. We collect data from a case retail company across a range of stockkeeping units (SKUs), encompassing both pre-disruption and post-disruption time stages with varying levels of volatility. We introduce a simulation model to determine whether algorithm aversion exists for safety stock decisions and to assess how algorithm adoption and adaptation affects performance. Our findings indicate that algorithm aversion occurs during supply chain disruptions, with algorithmic decisions significantly outperforming human judgment. Based on interview results and theories of information systems, we propose a theory to explain and generalize the above findings. This theory attributes algorithm aversion behaviour to reduced sense of fitness among algorithm users and lack of slack resources for both users and developers. It also offers insights into how the adoption and adaptation of algorithms influence decision performance during disruptive events.
期刊介绍:
The International Journal of Production Economics focuses on the interface between engineering and management. It covers all aspects of manufacturing and process industries, as well as production in general. The journal is interdisciplinary, considering activities throughout the product life cycle and material flow cycle. It aims to disseminate knowledge for improving industrial practice and strengthening the theoretical base for decision making. The journal serves as a forum for exchanging ideas and presenting new developments in theory and application, combining academic standards with practical value for industrial applications.