“…More broadly, perceptions of psychological distance may have applicability to many aspects of supply chain and OM. Supply chain decisions often include several simultaneous aspects of distance, including physical distance like supplier location (Bray et al., 2019), temporal distance such as forecasting future events (e.g., Kremer et al., 2011), hypothetical distances such as perceived probabilities based on asymmetric supply chain information (e.g., Ma et al., 2021), and social distances including buyer–supplier relationships (e.g., Loch & Wu, 2008). Thus, the psychological distance could impact other supply chain and newsvendor decisions such as capacity investment decisions and staffing and service levels.…”