BANK'S INTEREST RATE DECISION WHEN FINANCING WORKING CAPITAL-CONSTRAINED NEWSVENDOR RETAILER

被引：0

作者：

Yang, Chen ^{[1
]}

Fang, Weiguo ^{[1
]}

Li, Tianyun ^{[1
]}

机构：

[1] Beihang Univ, Sch Econ & Management, Beijing 100191, Peoples R China

来源：

ICIM'2016: PROCEEDINGS OF THE 13TH INTERNATIONAL CONFERENCE ON INDUSTRIAL MANAGEMENT | 2016年

关键词：

Newsvendor retailer; Working capital constraint; Interest rate; Collateral assets; Risk attitude; INFORMATION; INVENTORY;

D O I：

暂无

中图分类号：

T [工业技术];

学科分类号：

08 ;

摘要：

The newsvendor models are very widely used in existing literature. When facing working capital constraint, newsvendor retailer would borrow from the bank. This paper investigates the properties of bank's interest rate. We focus on two factors collateral assets and bank's risk attitude. We study the impact of them on bank's interest rate decision and find both of collateral assets and bank's risk attitude play important roles in bank's interest rate decision. The bounds of bank's interest rate are also explored. We demonstrate the findings with cases where the demand follows the normal distribution.

引用

页码：208 / 214

页数：7