Powered by OpenAIRE graph
Found an issue? Give us feedback
image/svg+xml art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos Open Access logo, converted into svg, designed by PLoS. This version with transparent background. http://commons.wikimedia.org/wiki/File:Open_Access_logo_PLoS_white.svg art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos http://www.plos.org/ Document Server@UHas...arrow_drop_down
image/svg+xml art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos Open Access logo, converted into svg, designed by PLoS. This version with transparent background. http://commons.wikimedia.org/wiki/File:Open_Access_logo_PLoS_white.svg art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos http://www.plos.org/
addClaim

Real options versus buyback contracts: A comparison in terms of risk

Authors: Boden, Thibaud;

Real options versus buyback contracts: A comparison in terms of risk

Abstract

In dit artikel wordt in een simulatiestudie getracht twee soorten coördinerende supply chain contracten te vergelijken in de context van een newsvendor-problem. De contracten worden vergeleken in termen van een risicomaatstaf die in de financiële literatuur bekend staat als de Conditional Value at Risk (CVaR). Het artikel beschrijft gedetailleerd hoe de CVaR en de winsten van alle leden van de supply chain berekend kunnen worden aan de hand van een simulatiestudie waarin tweeduizend waarnemingen van de vraag herhaald worden. De resultaten van de simulatiestudie wijzen erop dat er geen verschil is tussen de contracten wat het risico betreft, maar wel dat verschillende leden van de supply chain aan verschillende niveaus van risico blootgesteld zijn. Eén partij in ons model, de retailer, lijkt alleen maar voordeel te halen uit het sluiten van een contract, zowel in termen van verminderd risico als van toegenomen winst. De leverancier van de retailer echter, de manufacturer, zal een toename van het risico moeten aanvaarden terwijl hij er voordien niet aan blootgesteld was, in ruil voor een toename van zijn verwachte winst.

Country
Belgium
Related Organizations
  • BIP!
    Impact byBIP!
    selected citations
    These citations are derived from selected sources.
    This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    0
    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Average
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    Average
    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
    Average
Powered by OpenAIRE graph
Found an issue? Give us feedback
selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
Green