THE RISK-AVERSE (AND PRUDENT) NEWSBOY

被引：429

作者：

EECKHOUDT, L

GOLLIER, C

SCHLESINGER, H

机构：

[1] UNIV TOULOUSE 1,IDEI,F-31042 TOULOUSE,FRANCE

[2] UNIV ALABAMA,DEPT FINANCE,TUSCALOOSA,AL 35487

[3] CORE,B-1348 LOUVAIN,BELGIUM

来源：

MANAGEMENT SCIENCE | 1995年 / 41卷 / 05期

关键词：

NEWSBOY PROBLEM; INVENTORY; INCREASE IN RISK; RISK AVERSION; PRUDENCE;

D O I：

10.1287/mnsc.41.5.786

中图分类号：

C93 [管理学];

学科分类号：

12 ; 1201 ; 1202 ; 120202 ;

摘要：

The effects of risk and risk aversion in the single-period inventory (''newsboy'') problem are examined. Comparative-static effects of changes in the various price and cost parameters are determined and related to the newsboy's risk aversion. The addition of a random background wealth and of an increase in the riskiness of newspaper demand are also examined. Although many of the comparative effects generally are ambiguous, some fairly simple restrictions on preferences and/or risk increases are shown to lead to qualitatively deterministic results.

引用

页码：786 / 794

页数：9

共 28 条

[1]

[Anonymous], 1966, INT ECON REV

[2]

Arrow K. J., 1965, ASPECTS THEORY RISK

[3] POINT ESTIMATION AND RISK PREFERENCES [J].