Abstract
We report on a unified method to carry out sensitivity analysis under uncertainty for a wide range of problems in production planning, inventory management and portfolio planning, when the decision maker exhibits decreasing absolute risk aversion.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 63-73 |
| Number of pages | 11 |
| Journal | Risk and Decision Analysis |
| Volume | 5 |
| Issue number | 1 |
| DOIs | |
| State | Published - 2014 |
| Externally published | Yes |
Keywords
- Comparative statics
- decisions under risk
- inventory management
- portfolio optimization
- production planning
ASJC Scopus subject areas
- Statistics and Probability
- Finance
- Economics and Econometrics
- Statistics, Probability and Uncertainty