| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 10498149 | Omega | 2012 | 11 Pages |
Abstract
⺠We consider transfer of risk in a newsvendor model with discrete demand. ⺠An original Pareto-optimal standard contract is compared with a real option contract. ⺠The manufacturer selects real option contracts with maximum expected profits. ⺠Either all, some or none of these contracts offer improved position for the retailer.
Keywords
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Strategy and Management
Authors
Kurt Jörnsten, Sigrid Lise NonÃ¥s, Leif Sandal, Jan Ubøe,