Optimal Decisions of a Supply Chain With a Risk-Averse Retailer and Portfolio Contracts
In this paper, we investigate a supply chain involving one risk-neutral supplier and one risk-averse retailer, where the retailer adopts the conditional value-at-risk (CVaR) criterion as his performance measure. To hedge against high risk, the retailer purchases call options from the supplier to adj...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
IEEE
2019-01-01
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| Series: | IEEE Access |
| Subjects: | |
| Online Access: | https://ieeexplore.ieee.org/document/8822790/ |