Modelling Uncertainty Effects in Decision Taking in Buyer-Supplier Relations

Dirk-Jan F. Kamann *

Faculty of Economics and Business, University of Groningen, The Netherlands, Department of Supply Chain Management, Faculty of Business and Economics, University of Pannonia, Hungary.

*Author to whom correspondence should be addressed.


Abstract

Purpose: To develop a model that shows the different aspects that play a role in decision making in buyer-supplier relations when facing uncertainty.

Methodology: Process steps and relevant aspects were distilled from a broad literature review and evaluated in a Mini-Delphi style workshop.

Findings: An accumulative three-layered model shows (1) the assumed decision flow of the decision maker’s process under uncertainty; (2) the assumed behavioural aspects affecting this decision flow; (3) manifest variables and latent constructs related to the decision flow.

Relevance: The proposed model is designed to be used for surveys and gamification experiments, with relevant operationalised variables made explicit.

Keywords: Uncertainty, decision making, buyer-supplier relations, SCM, conditioning habitus


How to Cite

Kamann, Dirk-Jan F. 2023. “Modelling Uncertainty Effects in Decision Taking in Buyer-Supplier Relations”. Journal of Economics, Management and Trade 29 (7):11-25. https://doi.org/10.9734/jemt/2023/v29i71101.

Downloads

Download data is not yet available.