Distributionally risk‐receptive and risk‐averse network interdiction problems with general ambiguity set
Sign Up to like & getrecommendations! Published in 2023 at "Networks"
DOI: 10.1002/net.22114
Abstract: We introduce generalizations of stochastic network interdiction problem with distributional ambiguity. Specifically, we consider a distributionally risk‐averse (or robust) network interdiction problem (DRA‐NIP) and a distributionally risk‐receptive network interdiction problem (DRR‐NIP) where a leader maximizes… read more here.
Keywords: network; distributionally risk; risk averse; network interdiction ... See more keywords
Dual-channel supply chain decisions under asymmetric information with a risk-averse retailer
Sign Up to like & getrecommendations! Published in 2017 at "Annals of Operations Research"
DOI: 10.1007/s10479-015-1852-2
Abstract: Many upstream brand manufacturers have established their direct channels to compete with the retailers; this is encroachment behavior by the manufacturers. In this paper, we introduce the retailer’s risk-averse behavior into the manufacturer’s encroachment problem… read more here.
Keywords: retailer; information; risk averse; supply chain ... See more keywords
From gloom to doom: Financial loss and negative affect prime risk averse preferences
Sign Up to like & getrecommendations! Published in 2019 at "Current Psychology"
DOI: 10.1007/s12144-019-00507-3
Abstract: Previous research has shown that risk preferences are sensitive to the financial domain in which they are framed. In the present study we explore whether the effect of valence priming on risk taking is moderated… read more here.
Keywords: risk; gloom doom; risk averse; financial context ... See more keywords
Designing a robo-advisor for risk-averse, low-budget consumers
Sign Up to like & getrecommendations! Published in 2018 at "Electronic Markets"
DOI: 10.1007/s12525-017-0279-9
Abstract: Banks have reacted much more enthusiastically to the FinTech revolution than many of their customers. Robo-advisory, automated web-based investment advisory, in particular promises many advantages for both banks and customers - but consumer adoption has… read more here.
Keywords: robo; designing robo; robo advisor; risk averse ... See more keywords
Electricity wholesale market equilibrium analysis integrating individual risk-averse features of generation companies
Sign Up to like & getrecommendations! Published in 2019 at "Applied Energy"
DOI: 10.1016/j.apenergy.2019.113443
Abstract: Abstract With the deregulation of world power markets, the importance of power market equilibrium analysis tools becomes more prominent. Due to the increasing uncertainty in the power markets, the influences of risk attitudes on the… read more here.
Keywords: market equilibrium; model; risk averse; equilibrium ... See more keywords
Risk-averse real-time dispatch of integrated electricity and heat system using a modified approximate dynamic programming approach
Sign Up to like & getrecommendations! Published in 2020 at "Energy"
DOI: 10.1016/j.energy.2020.117347
Abstract: Coordinated operation of integrated electricity and heat system can improve operation flexibility and reduce cost. However, multiple uncertainties challenge its optimal operation. This paper aims at developing a risk-averse and computationally efficient policy for real-time… read more here.
Keywords: risk; integrated electricity; risk averse; electricity heat ... See more keywords
Risk-averse optimal operation of Multiple-Energy Carrier systems considering network constraints
Sign Up to like & getrecommendations! Published in 2018 at "Electric Power Systems Research"
DOI: 10.1016/j.epsr.2018.07.022
Abstract: Abstract Integrated Multiple-Energy Carrier (MEC) systems with electricity and natural gas infrastructure systems offer distinctive opportunities to enhance the efficiency and the flexibility of energy supply. Efficient operation of these interdependent infrastructure systems faces several… read more here.
Keywords: energy carrier; multiple energy; risk; energy ... See more keywords
Risk-averse stochastic operation of a power system integrated with hydrogen storage system and wind generation in the presence of demand response program
Sign Up to like & getrecommendations! Published in 2019 at "International Journal of Hydrogen Energy"
DOI: 10.1016/j.ijhydene.2019.09.222
Abstract: Abstract Wind generation (WG) units as renewable energy sources (RESs) are increasing in the world due to environmental functions and lack of conventional energy sources. Also, hydrogen storage system (HSS) as an energy storage system… read more here.
Keywords: risk; system; hydrogen; storage system ... See more keywords
Optimal position of supply chain delivery window with risk-averse suppliers: A CVaR optimization approach
Sign Up to like & getrecommendations! Published in 2021 at "International Journal of Production Economics"
DOI: 10.1016/j.ijpe.2020.107989
Abstract: Abstract The study introduces the concept of risk-averse optimal position of the delivery window (RA-OPDW) into a cost-based delivery performance model. The penalty costs for early and late deliveries have attracted much attention in the… read more here.
Keywords: penalty; risk averse; delivery; optimal position ... See more keywords
Inventory strategy of the risk averse supplier and overconfident manufacturer with uncertain demand
Sign Up to like & getrecommendations! Published in 2021 at "International Journal of Production Economics"
DOI: 10.1016/j.ijpe.2021.108066
Abstract: Abstract Uncertainty in market demand can lead to excess inventory, and the resulting inventory risk has led to different inventory strategies to distribute the risk. There are three inventory strategies: push strategy, pull strategy, and… read more here.
Keywords: supplier; manufacturer; strategy; risk averse ... See more keywords
Optimal pricing in mass customization supply chains with risk-averse agents and retail competition
Sign Up to like & getrecommendations! Published in 2019 at "Omega"
DOI: 10.1016/j.omega.2018.08.004
Abstract: Abstract We analytically investigate the optimal pricing decisions in a mass customization (MC) supply chain with one risk averse manufacturer and two risk averse competing retailers. The manufacturer is the Stackelberg leader, which offers a… read more here.
Keywords: pricing; manufacturer; supply; price ... See more keywords