Wu, Jun; Wang, Shouyang; Chao, Xiuli; Ng, C.T.; Cheng, … - In: International Journal of Production Economics 128 (2010) 2, pp. 569-576
We introduce the concept of conditional value-at-risk as the evaluation criterion in a supply contract model. We first derive the manufacturer's optimal decisions and then analyze the impact of risk aversion on the manufacturer's decisions. We follow by conducting numerical experiments to...