Would a risk-averse newsvendor order less at a higher selling price?

European Journal of Operational Research

Volumn 196, Issue 2, 2009, Pages 544-553

  Wang, Charles X ^a   Webster, Scott ^b   Suresh, Nallan C ^a  

^a UNIVERSITY AT BUFFALO   (United States)

^b SYRACUSE UNIVERSITY   (United States)

Author keywords

Expected utility theory; Newsvendor model; Risk aversion

Indexed keywords

COSTS; SALES;

EXPECTED UTILITY THEORY; NEWSVENDOR; NEWSVENDOR MODEL; OPTIMAL ORDER QUANTITIES; RISK AVERSION; SELLING PRICES; UTILITY FUNCTIONS;

DECISION THEORY;

EID: 58149240020     PISSN: 03772217     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.ejor.2008.04.002     Document Type: Article

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