Results 11 to 20 of about 149,722 (264)
IEEE Access, 2023 With the increase of black swan incidents, cross-border e-commerce supply chains are facing more risks. Out-of-stock aversion and waste aversion are examined as the risk preferences of cross-border e-commerce platforms and overseas warehouses based on ...
Xin Xu, Shaojie Zhou
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Anomalies: Risk aversion [PDF]
Journal of Economic Perspectives, 2001 Economists ubiquitously employ a simple and elegant explanation for risk aversion: It derives from the concavity of the utility-of-wealth function within the expected-utility framework. We show that this explanation is not plausible in most applications, since anything more than economically negligible risk aversion over moderate stakes requires a ...
Matthew Rabin, Richard H. Thaler
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Economía Agraria y Recursos Naturales, 2014 This study provides a decision framework to analyze optimal production iversification decisions under uncertainty for a farmer who is risk averse in the Arrow-Pratt sense and downside risk averse.
Guillermo Donoso
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Brain and Behavior, 2023 Background Decision‐making is vital in interpersonal interactions and a country's economic and political conditions. People, especially managers, have to make decisions in different risky situations.
Reza Eyvazpour +4 more
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Applied Financial Economics, 2011 This article demonstrates that exaggerated risk aversion may comprise a rational form of strategic behaviour in the face of asymmetric information. Unlike some other forms of strategic behaviour analysed previously, this behaviour confers a benefit in the form of higher ex post consumption (not merely higher expected consumption or expected utility ...
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Risk-Averse Home Energy Management System
IEEE Access, 2020 Transformation of conventional energy systems into smart grids enables the integration of residential buildings with distributed generations, electro-thermal storages and demand response policies.
Saqib Ali +2 more
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Study on Supply Chain Buy-Back Contract Model under Risk- averse Condition
Chemical Engineering Transactions, 2015 In this paper, supposing a supply chain composed of a risk-neutral supplier and a risk-averse retailer, the buy- back contract with a risk-averse retailer is designed and modelled, the strategy of providing the buy-back contract to increase revenue and ...
Z. Liu, Y.J. Zhao, H.C. He, M. Zhou
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On Coordinating a Loss-Averse OEM Supply Chain with Random Supply and Demand
Chemical Engineering Transactions, 2016 This paper establishes a Stackelberg game between a risk-neutral OEM and a loss-averse CM, based on a piecewise-linear utility function and investigates an OEM supply chain consisting of a loss-averse CM and a risk-neutral OEM, with random supply and ...
H.Y. Ji, C.F. Lan
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Hedging Risks in the Loss-Averse Newsvendor Problem with Backlogging
Mathematics, 2019 This paper studies the optimal order decisions for the loss-averse newsvendor problem with backordering and contributes to the risk hedging issue in the newsvendor model.
Xiaoqing Liu +2 more
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Repetitive risk aversion [PDF]
Economic Theory, 2006 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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