The Loss-Averse Retailer’s Order Decisions Under Risk Management
Abstract
:1. Introduction
2. Materials and Methods
3. Results
3.1. Optimal Order Quantity to Maximize Expected Utility
3.2. Optimal Order Quantity to Maximize CVaR of Utility
4. Numerical Results and Discussions
5. Conclusions
Author Contributions
Funding
Acknowledgments
Conflicts of Interest
References
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Chan, F.T.S.; Xu, X. The Loss-Averse Retailer’s Order Decisions Under Risk Management. Mathematics 2019, 7, 595. https://doi.org/10.3390/math7070595
Chan FTS, Xu X. The Loss-Averse Retailer’s Order Decisions Under Risk Management. Mathematics. 2019; 7(7):595. https://doi.org/10.3390/math7070595
Chicago/Turabian StyleChan, Felix T. S., and Xinsheng Xu. 2019. "The Loss-Averse Retailer’s Order Decisions Under Risk Management" Mathematics 7, no. 7: 595. https://doi.org/10.3390/math7070595