Impact of risk aversion on optimal decisions in supply contracts
文献类型：期刊论文
| 作者 | Wu, Jun1; Wang, Shouyang2; Chao, Xiuli3; Ng, C. T.4; Cheng, T. C. E.1,4 |
| 刊名 | INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS
 |
| 出版日期 | 2010-12-01 |
| 卷号 | 128期号:2页码:569-576 |
| 关键词 | Supply chain management Risk analysis Conditional value-at-risk |
| ISSN号 | 0925-5273 |
| DOI | 10.1016/j.ijpe.2010.04.049 |
| 英文摘要 | We introduce the concept of conditional value-at-risk as the evaluation criterion in a supply contract model. We first derive the manufacturer's optimal decisions and then analyze the impact of risk aversion on the manufacturer's decisions. We follow by conducting numerical experiments to observe how the manufacturer's risk attitude affects his decisions. We obtain results that characterize the explicit relationship between the manufacturer's risk attitude and his optimal decisions. We also show the dependence of the decision variables on the price and cost parameters, which is seldom given in the literature. (C) 2010 Elsevier B.V. All rights reserved. |
| 资助项目 | NSFC[70228001] ; Program for New Century Excellent Talents in University[NCET-08-0740] ; Fundamental Research Funds for the Central Universities[2009RC1004] ; NSF[DMI-0200306] ; Hong Kong Polytechnic University[G-U717] |
| WOS研究方向 | Engineering ; Operations Research & Management Science |
| 语种 | 英语 |
| WOS记录号 | WOS:000284967500012 |
| 出版者 | ELSEVIER SCIENCE BV |
| 源URL | [http://ir.amss.ac.cn/handle/2S8OKBNM/10624]  |
| 专题 | 中国科学院数学与系统科学研究院 |
| 通讯作者 | Cheng, T. C. E. |
| 作者单位 | 1.Beijing Univ Posts & Telecommun, Sch Econ & Management, Beijing 100876, Peoples R China 2.Chinese Acad Sci, Inst Syst Sci, Acad Math & Syst Sci, Beijing 100080, Peoples R China 3.Univ Michigan, Dept Ind & Operat Engn, Ann Arbor, MI 48109 USA 4.Hong Kong Polytech Univ, Dept Logist & Maritime Studies, Kowloon, Hong Kong, Peoples R China |
| 推荐引用方式 GB/T 7714 | Wu, Jun,Wang, Shouyang,Chao, Xiuli,et al. Impact of risk aversion on optimal decisions in supply contracts[J]. INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS,2010,128(2):569-576. |
| APA | Wu, Jun,Wang, Shouyang,Chao, Xiuli,Ng, C. T.,&Cheng, T. C. E..(2010).Impact of risk aversion on optimal decisions in supply contracts.INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS,128(2),569-576. |
| MLA | Wu, Jun,et al."Impact of risk aversion on optimal decisions in supply contracts".INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS 128.2(2010):569-576. |
入库方式： OAI收割
来源：数学与系统科学研究院
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