Production and Inventory Planning under Decreasing Absolute Risk Aversion: A Unified Approach for Sensitivity Analysis
- Sridhar Seshadri
- Qi Wu
Risk and Decision Analysis, 1 ed., vol. 5, February 2014
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.