Abstract Pioneered by Nobel laureate Harry Markowitz in the 1950s, the mean-variance
(MV) formulation is a fundamental theory for risk management in finance. Over the past …

The main purpose of this paper is to study the inventory, production, and contracting
decisions of a multi-echelon supply chain with both demand and supply uncertainty. We find …

Distribution platforms use a consignment contract with revenue sharing when interacting
with their app developers. In such a contract, the developer continues to own the app and …

The newsvendor problem is a staple of operations management research, pedagogy and
practice. From its humble roots as a single-period problem for a price-taking newspaper …

The newsvendor problem is a fundamental decision problem in operations management.
Various independent experimental studies in laboratory settings have shown similar …

The paper provides a thorough investigation of the revenue sharing contract format typically
used in the mobile applications (Apps) industry. The platform provider sets the level of …

In this paper, we present a framework for risk-sensitive model predictive control (MPC) of
linear systems affected by stochastic multiplicative uncertainty. Our key innovation is to …

In this article, we investigate whether risk aversion, risk seeking, loss aversion, or prospect
theory could explain the ordering decisions in multiechelon supply chains. First, we develop …

Consider n mobile application (app) developers selling their software through a common
platform provider (retailer), who offers a consignment contract with revenue sharing. Each …

This paper explores the optimal joint decision of product information disclosure and ordering
in a blockchain-enabled luxury supply chain. Using analytical models, we investigate the …