IDEAS home Printed from https://ideas.repec.org/a/eee/insuma/v20y1997i1p17-21.html
   My bibliography  Save this article

Liquid asset allocation using "newsvendor" models with convex shortage costs

Author

Listed:
  • Gerchak, Yigal
  • Wang, Shaun

Abstract

No abstract is available for this item.

Suggested Citation

  • Gerchak, Yigal & Wang, Shaun, 1997. "Liquid asset allocation using "newsvendor" models with convex shortage costs," Insurance: Mathematics and Economics, Elsevier, vol. 20(1), pages 17-21, June.
  • Handle: RePEc:eee:insuma:v:20:y:1997:i:1:p:17-21
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0167-6687(96)00018-2
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Louis Eeckhoudt & Christian Gollier & Harris Schlesinger, 1995. "The Risk-Averse (and Prudent) Newsboy," Management Science, INFORMS, vol. 41(5), pages 786-794, May.
    2. Venter, Gary G., 1991. "Premium Calculation Implications of Reinsurance Without Arbitrage," ASTIN Bulletin, Cambridge University Press, vol. 21(2), pages 223-230, November.
    3. Yigal Gerchak & David Mossman, 1992. "On the Effect of Demand Randomness on Inventories and Costs," Operations Research, INFORMS, vol. 40(4), pages 804-807, August.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Soham Ghosh & Sujay Mukhoti, 2023. "Non-parametric generalised newsvendor model," Annals of Operations Research, Springer, vol. 321(1), pages 241-266, February.
    2. Straubert, Christian, 2024. "A continuous approximation location-inventory model with exact inventory costs and nonlinear delivery lead time penalties," International Journal of Production Economics, Elsevier, vol. 268(C).
    3. Sillanpää, Ville & Liesiö, Juuso & Käki, Anssi, 2021. "Procurement decisions over multiple periods under piecewise-linear shortage costs and fixed capacity commitments," Omega, Elsevier, vol. 100(C).
    4. Jian Yang & Jim (Junmin) Shi, 2023. "Discrete‐item inventory control involving unknown censored demand and convex inventory costs," Production and Operations Management, Production and Operations Management Society, vol. 32(1), pages 45-64, January.
    5. Yang, Hongsuk & Schrage, Linus, 2009. "Conditions that cause risk pooling to increase inventory," European Journal of Operational Research, Elsevier, vol. 192(3), pages 837-851, February.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Khanra, Avijit & Soman, Chetan & Bandyopadhyay, Tathagata, 2014. "Sensitivity analysis of the newsvendor model," European Journal of Operational Research, Elsevier, vol. 239(2), pages 403-412.
    2. Chaolin Yang & Zhenyu Hu & Sean X. Zhou, 2021. "Multilocation Newsvendor Problem: Centralization and Inventory Pooling," Management Science, INFORMS, vol. 67(1), pages 185-200, January.
    3. Shuai Yuan & Sanjukta Das & R. Ramesh & Chunming Qiao, 2018. "Service Agreement Trifecta: Backup Resources, Price and Penalty in the Availability-Aware Cloud," Information Systems Research, INFORMS, vol. 29(4), pages 947-964, December.
    4. Khouja, Moutaz, 1999. "The single-period (news-vendor) problem: literature review and suggestions for future research," Omega, Elsevier, vol. 27(5), pages 537-553, October.
    5. Hau, Arthur, 2010. "Comparative statics of changes in risk on monotonically and partially responsive kinked payoffs," European Journal of Operational Research, Elsevier, vol. 201(1), pages 267-276, February.
    6. Xu, Minghui & Lu, Ye, 2013. "The effect of supply uncertainty in price-setting newsvendor models," European Journal of Operational Research, Elsevier, vol. 227(3), pages 423-433.
    7. Andrew Butters, R., 2019. "On demand uncertainty in the newsvendor model," Economics Letters, Elsevier, vol. 185(C).
    8. Qin, Yan & Wang, Ruoxuan & Vakharia, Asoo J. & Chen, Yuwen & Seref, Michelle M.H., 2011. "The newsvendor problem: Review and directions for future research," European Journal of Operational Research, Elsevier, vol. 213(2), pages 361-374, September.
    9. Mofidi, Seyed Shahab & Pazour, Jennifer A. & Roy, Debjit, 2018. "Proactive vs. reactive order-fulfillment resource allocation for sea-based logistics," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 114(C), pages 66-84.
    10. Bordley, Robert & Beltramo, Mark & Blumenfeld, Dennis, 1999. "Consolidating distribution centers can reduce lost sales," International Journal of Production Economics, Elsevier, vol. 58(1), pages 57-61, January.
    11. Li, Bo & Hou, Peng-Wen & Chen, Ping & Li, Qing-Hua, 2016. "Pricing strategy and coordination in a dual channel supply chain with a risk-averse retailer," International Journal of Production Economics, Elsevier, vol. 178(C), pages 154-168.
    12. Meng Li, 2023. "Demand uncertainty reduction among competing retailers," Production and Operations Management, Production and Operations Management Society, vol. 32(6), pages 1994-2001, June.
    13. Ananth V. Iyer & Apurva Jain, 2003. "The Logistics Impact of a Mixture of Order-Streams in a Manufacturer-Retailer System," Management Science, INFORMS, vol. 49(7), pages 890-906, July.
    14. Zubanov, Nick & Cadsby, Bram & Song, Fei, 2017. "The," IZA Discussion Papers 10542, Institute of Labor Economics (IZA).
    15. Brian Tomlin & Yimin Wang, 2005. "On the Value of Mix Flexibility and Dual Sourcing in Unreliable Newsvendor Networks," Manufacturing & Service Operations Management, INFORMS, vol. 7(1), pages 37-57, June.
    16. He, Haonan & Wang, Shanyong, 2019. "Cost-benefit associations in consumer inventory problem with uncertain benefit," Journal of Retailing and Consumer Services, Elsevier, vol. 51(C), pages 271-284.
    17. Yuri Levin & Jeff McGill & Mikhail Nediak, 2008. "Risk in Revenue Management and Dynamic Pricing," Operations Research, INFORMS, vol. 56(2), pages 326-343, April.
    18. Lingxiu Dong & Nils Rudi, 2004. "Who Benefits from Transshipment? Exogenous vs. Endogenous Wholesale Prices," Management Science, INFORMS, vol. 50(5), pages 645-657, May.
    19. Refik Güllü, 1996. "On the value of information in dynamic production/inventory problems under forecast evolution," Naval Research Logistics (NRL), John Wiley & Sons, vol. 43(2), pages 289-303, March.
    20. Gokhan Metan & Aurélie Thiele, 2016. "Protecting the data-driven newsvendor against rare events: a correction-term approach," Computational Management Science, Springer, vol. 13(3), pages 459-482, July.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:insuma:v:20:y:1997:i:1:p:17-21. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/505554 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.