Essec\Faculty\Model\Contribution {#2216 ▼
#_index: "academ_contributions"
#_id: "15533"
#_source: array:26 [
"id" => "15533"
"slug" => "15533-the-limits-of-static-decision-making-rules-in-supply-chain-management"
"yearMonth" => "2025-06"
"year" => "2025"
"title" => "The limits of static decision-making rules in supply chain management"
"description" => "EL OUARDIGHI, F., SETHI, S.P. et VAN DELFT, C. (2025). The limits of static decision-making rules in supply chain management. Dans: F. El Ouardighi and G. Feichtinger (ed.). <i>The Unaffordable Price of Static Decision-making Models: Challenges in Economics and Management Science</i>. 1st ed. Cham: Springer. 
EL OUARDIGHI, F., SETHI, S.P. et VAN DELFT, C. (2025). The limits of static decision-making rules in "
"authors" => array:3 [
0 => array:3 [
"name" => "EL OUARDIGHI Fouad"
"bid" => "B00000177"
"slug" => "el-ouardighi-fouad"
]
1 => array:1 [
"name" => "SETHI Suresh P."
]
2 => array:1 [
"name" => "VAN DELFT C."
]
]
"ouvrage" => "The Unaffordable Price of Static Decision-making Models: Challenges in Economics and Management Science The Unaffordable Price of Static Decision-making Models: Challenges in Economics and Management Scie "
"keywords" => array:4 [
0 => "Supply chain management"
1 => "Myopic decision rules"
2 => "Farsightedness"
3 => "Dynamic games"
]
"updatedAt" => "2025-03-31 10:58:18"
"publicationUrl" => "https://link.springer.com/book/9783031886379#:~:text=Static%20models%20may%20be%20easier,can%20lead%20to%20poor%20outcomes. https://link.springer.com/book/9783031886379#:~:text=Static%20models%20may%20be%20easier,can%20lead% "
"publicationInfo" => array:3 [
"pages" => ""
"volume" => ""
"number" => "8"
]
"type" => array:2 [
"fr" => "Chapitres"
"en" => "Book chapters"
]
"support_type" => array:2 [
"fr" => "Editeur"
"en" => "Publisher"
]
"countries" => array:2 [
"fr" => null
"en" => null
]
"abstract" => array:2 [
"fr" => "It is well-known that static supply chain models ignore the future consequences of current actions. This short-sighted behavior can result either from the omission of the dynamics of important stock variables or from the use of extreme discounting. This chapter shows that the use of static supply chain models based on the omission of the evolution of important stock variables can lead to wrong decisions. To this end, we successively consider a series of simple issues representative of supply chain management. For each issue, two versions of a supply chain game are defined, one static and the other dynamic. For both versions, cooperative and non-cooperative scenarios are considered. For the static version, we do not use a naïve formulation but instead adopt an anticipatory perspective wherein the repetition of the static game over a given time horizon accounts for the update of the considered performance of the current period based on the previous period. Regarding the dynamic version, we use the framework of differential game theory. We then compare the decision rules and outcomes respectively inferred from the static and dynamic versions of the supply chain game considered. For each issue of interest, we show that the static decision rules provide distorted outcomes and misleading managerial prescriptions. It is well-known that static supply chain models ignore the future consequences of current actions. "
"en" => "It is well-known that static supply chain models ignore the future consequences of current actions. This short-sighted behavior can result either from the omission of the dynamics of important stock variables or from the use of extreme discounting. This chapter shows that the use of static supply chain models based on the omission of the evolution of important stock variables can lead to wrong decisions. To this end, we successively consider a series of simple issues representative of supply chain management. For each issue, two versions of a supply chain game are defined, one static and the other dynamic. For both versions, cooperative and non-cooperative scenarios are considered. For the static version, we do not use a naïve formulation but instead adopt an anticipatory perspective wherein the repetition of the static game over a given time horizon accounts for the update of the considered performance of the current period based on the previous period. Regarding the dynamic version, we use the framework of differential game theory. We then compare the decision rules and outcomes respectively inferred from the static and dynamic versions of the supply chain game considered. For each issue of interest, we show that the static decision rules provide distorted outcomes and misleading managerial prescriptions. It is well-known that static supply chain models ignore the future consequences of current actions. "
]
"authors_fields" => array:2 [
"fr" => "Systèmes d'Information, Data Analytics et Opérations"
"en" => "Information Systems, Data Analytics and Operations"
]
"indexedAt" => "2025-04-09T06:21:43.000Z"
"docTitle" => "The limits of static decision-making rules in supply chain management"
"docSurtitle" => "Book chapters"
"authorNames" => "<a href="/cv/el-ouardighi-fouad">EL OUARDIGHI Fouad</a>, SETHI Suresh P., VAN DELFT C."
"docDescription" => "<span class="document-property-authors">EL OUARDIGHI Fouad, SETHI Suresh P., VAN DELFT C.</span><br><span class="document-property-authors_fields">Information Systems, Data Analytics and Operations</span> | <span class="document-property-year">2025</span> <span class="document-property-authors">EL OUARDIGHI Fouad, SETHI Suresh P., VAN DELFT C.</span><br> "
"keywordList" => "<a href="#">Supply chain management</a>, <a href="#">Myopic decision rules</a>, <a href="#">Farsightedness</a>, <a href="#">Dynamic games</a> <a href="#">Supply chain management</a>, <a href="#">Myopic decision rules</a>, <a href="#">Farsight "
"docPreview" => "<b>The limits of static decision-making rules in supply chain management</b><br><span>2025-06 | Book chapters </span> <b>The limits of static decision-making rules in supply chain management</b><br><span>2025-06 | Book "
"docType" => "research"
"publicationLink" => "<a href="https://link.springer.com/book/9783031886379#:~:text=Static%20models%20may%20be%20easier,can%20lead%20to%20poor%20outcomes." target="_blank">The limits of static decision-making rules in supply chain management</a> <a href="https://link.springer.com/book/9783031886379#:~:text=Static%20models%20may%20be%20easier,ca "
]
+lang: "en"
+"_type": "_doc"
+"_score": 8.543251
+"parent": null
}
