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Risk preferences, newsvendor orders and supply chain coordination using the Mean-CVaR model
16 references·0 citing·39 second hop
Risk preferences, newsvendor orders and supply chain coordination using the Mean-CVaR model (2024)Risk preferences, newsvendor orders and s…Handbook of Newsvendor Problems (2012)Handbook of Newsvendor Proble…Contract Complexity and Performance Under Asymmetric Demand Information: An Experimental Evaluation (2011)Contract Complexity and Perfo…The newsvendor problem: Review and directions for future research (2010)The newsvendor problem: Revie…Contracting in Supply Chains: A Laboratory Investigation (2009)Contracting in Supply Chains:…Learning by Doing in the Newsvendor Problem: A Laboratory Investigation of the Role of Experience and Feedback (2008)Learning by Doing in the News…Newsvendor solutions via conditional value-at-risk minimization (2006)Newsvendor solutions via cond…Risk measures for the 21st century (2004)Risk measures for the 21st ce…Supply Chain Coordination with Contracts (2003)Supply Chain Coordination wit…On the coherence of expected shortfall (2002)On the coherence of expected …Foundations of Stochastic Inventory Theory (2002)Foundations of Stochastic Inv…Selling to the Newsvendor: An Analysis of Price-Only Contracts (2001)Selling to the Newsvendor: An…Decision Bias in the Newsvendor Problem with a Known Demand Distribution: Experimental Evidence (2000)Decision Bias in the Newsvend…The Risk-Averse (and Prudent) Newsboy (1995)The Risk-Averse (and Prudent)…The Newsboy Problem under Alternative Optimization Objectives (1980)The Newsboy Problem under Alt…Essays in the Theory of Risk-Bearing. (1972)Essays in the Theory of Risk-…Risk Aversion in the Small and in the Large (1964)Risk Aversion in the Small an…Inventory management and production planning and scheduling (1999)Supply Chain Coordination with Revenue-Sharing Contracts: Strengths and Limitations (2005)Optimal electric vehicle production strategy under subsidy and battery recycling (2017)A data-driven newsvendor problem: From data to decision (2019)Operational Research: methods and applications (2023)The Value of Information Sharing in a Two-Level Supply Chain (2000)Ericsson's proactive supply chain risk management approach after a serious sub‐supplier accident (2004)Managing Disruption Risks in Supply Chains (2005)Judgment under Uncertainty: Heuristics and Biases (1975)Prospect Theory: An Analysis of Decision under Risk (1979)Prospect theory: An analysis of decision under risk (1988)Behavior in operations management: Assessing recent findings and revisiting old assumptions (2006)Behavioral Causes of the Bullwhip Effect and the Observed Value of Inventory Information (2006)Overcoming Algorithm Aversion: People Will Use Imperfect Algorithms If They Can (Even Slightly) Modify Them (2016)Coherent Measures of Risk (1999)Optimization of conditional value-at-risk (2000)Conditional value-at-risk for general loss distributions (2002)Spectral measures of risk: A coherent representation of subjective risk aversion (2002)Lectures on Stochastic Programming: Modeling and Theory (2009)Quantitative Risk Management (2011)Precautionary Saving in the Small and in the Large (1989)Impact of Uncertainty and Risk Aversion on Price and Order Quantity in the Newsvendor Problem (2000)Robust Solutions of Optimization Problems Affected by Uncertain Probabilities (2012)Optimal Pricing and Return Policies for Perishable Commodities (1985)Quantitative Models for Supply Chain Management (1999)Contracting to Assure Supply: How to Share Demand Forecasts in a Supply Chain (2001)Supply Chain Coordination Under Channel Rebates with Sales Effort Effects (2002)Information Distortion in a Supply Chain: The Bullwhip Effect (1997)Pricing and the Newsvendor Problem: A Review with Extensions (1999)Toward a Theory of Behavioral Operations (2008)Trust in Forecast Information Sharing (2011)Perspectives in supply chain risk management (2006)Bounded Rationality in Newsvendor Models (2008)Sharing Demand Information in Competing Supply Chains with Production Diseconomies (2011)Moral Hazard and Observability (1979)The New Institutional Economics: Taking Stock, Looking Ahead (2000)On the measurement of inequality (1970)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)The arbitrage theory of capital asset pricing (1976)
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References

  • 1964Risk Aversion in the Small and in the Large4,964 cited
  • 1972Essays in the Theory of Risk-Bearing.3,991 cited
  • 2003Supply Chain Coordination with Contracts2,737 cited
  • 2002On the coherence of expected shortfall1,596 cited
  • 2000Decision Bias in the Newsvendor Problem with a Known Demand Distribution: Experimental Evidence1,087 cited
  • 2001Selling to the Newsvendor: An Analysis of Price-Only Contracts1,059 cited
  • 2002Foundations of Stochastic Inventory Theory716 cited
  • 1995The Risk-Averse (and Prudent) Newsboy485 cited
  • 2010The newsvendor problem: Review and directions for future research484 cited
  • 2008Learning by Doing in the Newsvendor Problem: A Laboratory Investigation of the Role of Experience and Feedback455 cited
  • 1980The Newsboy Problem under Alternative Optimization Objectives384 cited
  • 2004Risk measures for the 21st century329 cited
  • 2006Newsvendor solutions via conditional value-at-risk minimization268 cited
  • 2009Contracting in Supply Chains: A Laboratory Investigation267 cited
  • 2011Contract Complexity and Performance Under Asymmetric Demand Information: An Experimental Evaluation149 cited

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  • 2012Handbook of Newsvendor Problems121 cited
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