Abstract
This paper examines the effects of an additive background risk on the optimal order quantity of a risk-averse newsvendor with Mean-Variance utility. We derive several unambiguous comparative statics results with the additive background risk with the use of the concept of the Mean-Variance vulnerability.
Author supplied keywords
Cite
CITATION STYLE
APA
Li, J. F., & Wu, Q. (2014). Mean-Variance newsvendor model with a background risk. In Proceedings of the 5th International Asia Conference on Industrial Engineering and Management Innovation, IEMI 2014 (pp. 71–74). Atlantis Press. https://doi.org/10.2991/978-94-6239-100-0_13
Register to see more suggestions
Mendeley helps you to discover research relevant for your work.
Already have an account? Sign in
Sign up for free