Robust optimization for the loss-averse newsvendor problem

DOI10.1007/s10957-016-0870-9zbMath1356.90017OpenAlexW2295006849MaRDI QIDQ504819

Jia Zhai, Guang-Ya Chen, Hui Yu

Publication date: 17 January 2017

Published in: Journal of Optimization Theory and Applications (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s10957-016-0870-9

zbMATH Keywords

decision theoryloss aversionrobust optimizationeconomicsnewsvendor problem

Mathematics Subject Classification ID

Decision theory (91B06) Minimax problems in mathematical programming (90C47) Optimality conditions and duality in mathematical programming (90C46) Inventory, storage, reservoirs (90B05)

Related Items

Frameworks and results in distributionally robust optimization ⋮ Robust optimization for the newsvendor problem with discrete demand ⋮ Controlling risk and demand ambiguity in newsvendor models ⋮ The loss-averse newsvendor problem with quantity-oriented reference point under CVaR criterion

Cites Work

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• Loss Aversion and Seller Behavior: Evidence from the Housing Market
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• The Distribution Free Newsboy Problem: Review and Extensions
• Myopic Loss Aversion and the Equity Premium Puzzle
• The Distribution Free Newsboy Problem with Balking
• A distribution-free newsvendor problem with nonlinear holding cost
• Newsvendor optimization with limited distribution information
• A MEAN–VARIANCE BOUND FOR A THREE-PIECE LINEAR FUNCTION