How Does Risk Hedging Impact Operations? Insights from a Price-Setting Newsvendor Model.

Liao Wang Jin Yao Xiaowei Zhang

Published in: Manag. Sci. (2024)

Keyphrases

probabilistic model
statistical model
conceptual model
probability distribution
high level
state space
computational model
learning algorithm
reinforcement learning
markov decision processes
sensitivity analysis
risk management
risk assessment
decision theoretic