We consider a multi-product newsvendor under the law-invariant coherent risk measures. We first establish a few fundamental properties of the model regarding the convexity of the problem, the symmetry of the solution and the impact of risk aversion. Specifically, we show that for identical...

In today's with the increasing complexity of supply chains, supplier relationships have gained strategic importance for supply chains. Long-term and sustainable supplier relations are important to gain a competitive advantage in the supply chain. It is also important that suppliers are selected...

Using a vertically related multi-layer newsvendors framework this paper analyzes the impacts of market uncertainties and asymmetric information between firms at successive stages of a supply chain on their optimal stocking (and/or pricing) decisions. The asymmetric information along the supply...