DocumentCode
1927149
Title
Notice of Retraction
Conditional Value-at-Risk in a newsvendor model with underage loss and overage penalty
Author
Weimin Ma ; Ningfang Dong ; Yingying Wang
Author_Institution
Sch. of Econ. & Manage., Tongji Univ., Shanghai, China
fYear
2010
fDate
8-10 Aug. 2010
Firstpage
25
Lastpage
28
Abstract
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
Conditional Value-at-Risk is widely applied in finance, which can measure the expected profit that is below mean profit of quantile η(0 <; η ≤ 1). The paper uses an extended newsvendor model in this framework to study the retailer´s choice in the event of the retailer who charges underage loss or overage penalty cost, discusses the impact brought by overage penalty and examines how the degree of risk aversion affects retailer´s order quantity under this situation.
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
Conditional Value-at-Risk is widely applied in finance, which can measure the expected profit that is below mean profit of quantile η(0 <; η ≤ 1). The paper uses an extended newsvendor model in this framework to study the retailer´s choice in the event of the retailer who charges underage loss or overage penalty cost, discusses the impact brought by overage penalty and examines how the degree of risk aversion affects retailer´s order quantity under this situation.
Keywords
finance; profitability; risk management; supply chain management; conditional value-at-risk; finance; newsvendor model; overage penalty; profit; retailer order quantity; risk aversion; underage loss; Q measurement; CVaR; Newsvendor model; overage penalty; supply chain management;
fLanguage
English
Publisher
ieee
Conference_Titel
Emergency Management and Management Sciences (ICEMMS), 2010 IEEE International Conference on
Conference_Location
Beijing
Print_ISBN
978-1-4244-6064-9
Type
conf
DOI
10.1109/ICEMMS.2010.5563510
Filename
5563510
Link To Document