Abstract
This issue's “From the Editors…” column is coauthored with Managing Editor Kelly Kophazi. In addition to introducing our articles, we report here on the past year from the perspective of the editorial office. The authors of the first three articles conducted laboratory experiments to examine decision behavior in financial investment decisions, bidding in auctions, and inventory ordering decisions. First, Dennis Vrecko, Alexander Klos, and Thomas Langer report on the “Impact of Presentation Format and Self-Reported Risk Aversion on Revealed Skewness Preferences.” Our second article is “A Direct Test of Risk Aversion and Regret in First Price Sealed-Bid Auctions,” by Richard Engelbrecht-Wiggans and Elena Katok. The third article, by Srinagesh Gavirneni and Yusen Xia, is on “Anchor Selection and Group Dynamics in Newsvendor Decisions—A Note.” Our final article, describing the application of decision analysis for an Italian waste processing decision, is “Resource-Limited Multiattribute Value Analysis of Alternatives for Immobilizing Radioactive Liquid Process Waste Stored in Saluggia, Italy,” by Alan J. Brothers, Shas V. Mattigod, Denis M. Strachan, Gordon H. Beeman, Paul K. Kearns, Angelo Papa, and Carlo Monti.
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