{"id":"https://openalex.org/W2070182414","doi":"https://doi.org/10.1007/s00186-010-0336-z","title":"Optimal spot market inventory strategies in the presence of cost and price risk","display_name":"Optimal spot market inventory strategies in the presence of cost and price risk","publication_year":2010,"publication_date":"2010-11-18","ids":{"openalex":"https://openalex.org/W2070182414","doi":"https://doi.org/10.1007/s00186-010-0336-z","mag":"2070182414"},"language":"en","primary_location":{"id":"doi:10.1007/s00186-010-0336-z","is_oa":true,"landing_page_url":"https://doi.org/10.1007/s00186-010-0336-z","pdf_url":"https://link.springer.com/content/pdf/10.1007/s00186-010-0336-z.pdf","source":{"id":"https://openalex.org/S126160977","display_name":"Mathematical Methods of Operations Research","issn_l":"1432-2994","issn":["1432-2994","1432-5217"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":"cc-by-nc","license_id":"https://openalex.org/licenses/cc-by-nc","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Mathematical Methods of Operations Research","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"hybrid","oa_url":"https://link.springer.com/content/pdf/10.1007/s00186-010-0336-z.pdf","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5101507342","display_name":"Xiaoli Guo","orcid":"https://orcid.org/0000-0003-4569-8708"},"institutions":[{"id":"https://openalex.org/I2803209242","display_name":"University of California System","ror":"https://ror.org/00pjdza24","country_code":"US","type":"education","lineage":["https://openalex.org/I2803209242"]},{"id":"https://openalex.org/I95457486","display_name":"University of California, Berkeley","ror":"https://ror.org/01an7q238","country_code":"US","type":"education","lineage":["https://openalex.org/I95457486"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"X. Guo","raw_affiliation_strings":["Department of Industrial Engineering and Operations Research, University of California, Berkeley, CA, 94720-1777, USA","University of California"],"affiliations":[{"raw_affiliation_string":"Department of Industrial Engineering and Operations Research, University of California, Berkeley, CA, 94720-1777, USA","institution_ids":["https://openalex.org/I95457486"]},{"raw_affiliation_string":"University of California","institution_ids":["https://openalex.org/I2803209242"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5010467794","display_name":"Philip Kaminsky","orcid":"https://orcid.org/0000-0002-3079-0299"},"institutions":[{"id":"https://openalex.org/I95457486","display_name":"University of California, Berkeley","ror":"https://ror.org/01an7q238","country_code":"US","type":"education","lineage":["https://openalex.org/I95457486"]},{"id":"https://openalex.org/I2803209242","display_name":"University of California System","ror":"https://ror.org/00pjdza24","country_code":"US","type":"education","lineage":["https://openalex.org/I2803209242"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"P. Kaminsky","raw_affiliation_strings":["Department of Industrial Engineering and Operations Research, University of California, Berkeley, CA, 94720-1777, USA","University of California"],"affiliations":[{"raw_affiliation_string":"Department of Industrial Engineering and Operations Research, University of California, Berkeley, CA, 94720-1777, USA","institution_ids":["https://openalex.org/I95457486"]},{"raw_affiliation_string":"University of California","institution_ids":["https://openalex.org/I2803209242"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5060357707","display_name":"Pascal Tomecek","orcid":null},"institutions":[{"id":"https://openalex.org/I2802755631","display_name":"Morgan Stanley (United States)","ror":"https://ror.org/00aphdz18","country_code":"US","type":"company","lineage":["https://openalex.org/I2802755631"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"P. Tomecek","raw_affiliation_strings":["J.P. Morgan, New York, NY, USA","J. P. Morgan"],"affiliations":[{"raw_affiliation_string":"J.P. Morgan, New York, NY, USA","institution_ids":["https://openalex.org/I2802755631"]},{"raw_affiliation_string":"J. P. Morgan","institution_ids":[]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5077166865","display_name":"Ming Kwan Yuen","orcid":null},"institutions":[{"id":"https://openalex.org/I2803209242","display_name":"University of California System","ror":"https://ror.org/00pjdza24","country_code":"US","type":"education","lineage":["https://openalex.org/I2803209242"]},{"id":"https://openalex.org/I95457486","display_name":"University of California, Berkeley","ror":"https://ror.org/01an7q238","country_code":"US","type":"education","lineage":["https://openalex.org/I95457486"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"M. Yuen","raw_affiliation_strings":["Department of Industrial Engineering and Operations Research, University of California, Berkeley, CA, 94720-1777, USA","University of California"],"affiliations":[{"raw_affiliation_string":"Department of Industrial Engineering and Operations Research, University of California, Berkeley, CA, 94720-1777, USA","institution_ids":["https://openalex.org/I95457486"]},{"raw_affiliation_string":"University of California","institution_ids":["https://openalex.org/I2803209242"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":4,"corresponding_author_ids":["https://openalex.org/A5101507342"],"corresponding_institution_ids":["https://openalex.org/I2803209242","https://openalex.org/I95457486"],"apc_list":{"value":2290,"currency":"EUR","value_usd":2890},"apc_paid":{"value":2290,"currency":"EUR","value_usd":2890},"fwci":4.7417,"has_fulltext":true,"cited_by_count":36,"citation_normalized_percentile":{"value":0.94433521,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":90,"max":99},"biblio":{"volume":"73","issue":"1","first_page":"109","last_page":"137"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":0.998199999332428,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":0.998199999332428,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11182","display_name":"Auction Theory and Applications","score":0.982699990272522,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10974","display_name":"Advanced Queuing Theory Analysis","score":0.963100016117096,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/spot-market","display_name":"Spot market","score":0.7160288095474243},{"id":"https://openalex.org/keywords/revenue","display_name":"Revenue","score":0.6287193298339844},{"id":"https://openalex.org/keywords/volatility","display_name":"Volatility (finance)","score":0.6203258633613586},{"id":"https://openalex.org/keywords/profit","display_name":"Profit (economics)","score":0.5810741782188416},{"id":"https://openalex.org/keywords/spot-contract","display_name":"Spot contract","score":0.5678560733795166},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.5628021955490112},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.5601387023925781},{"id":"https://openalex.org/keywords/inventory-control","display_name":"Inventory control","score":0.500586748123169},{"id":"https://openalex.org/keywords/limit-price","display_name":"Limit price","score":0.48516327142715454},{"id":"https://openalex.org/keywords/revenue-management","display_name":"Revenue management","score":0.4615514278411865},{"id":"https://openalex.org/keywords/transaction-cost","display_name":"Transaction cost","score":0.4304124712944031},{"id":"https://openalex.org/keywords/perpetual-inventory","display_name":"Perpetual inventory","score":0.4303998351097107},{"id":"https://openalex.org/keywords/inventory-management","display_name":"Inventory management","score":0.42390769720077515},{"id":"https://openalex.org/keywords/econometrics","display_name":"Econometrics","score":0.3098453879356384},{"id":"https://openalex.org/keywords/financial-economics","display_name":"Financial economics","score":0.24824312329292297},{"id":"https://openalex.org/keywords/inventory-theory","display_name":"Inventory theory","score":0.23672190308570862},{"id":"https://openalex.org/keywords/price-level","display_name":"Price level","score":0.1971845030784607},{"id":"https://openalex.org/keywords/monetary-economics","display_name":"Monetary economics","score":0.170787513256073},{"id":"https://openalex.org/keywords/operations-management","display_name":"Operations management","score":0.1587715744972229},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.14243748784065247}],"concepts":[{"id":"https://openalex.org/C2776789725","wikidata":"https://www.wikidata.org/wiki/Q1572221","display_name":"Spot market","level":3,"score":0.7160288095474243},{"id":"https://openalex.org/C195487862","wikidata":"https://www.wikidata.org/wiki/Q850210","display_name":"Revenue","level":2,"score":0.6287193298339844},{"id":"https://openalex.org/C91602232","wikidata":"https://www.wikidata.org/wiki/Q756115","display_name":"Volatility (finance)","level":2,"score":0.6203258633613586},{"id":"https://openalex.org/C181622380","wikidata":"https://www.wikidata.org/wiki/Q26911","display_name":"Profit (economics)","level":2,"score":0.5810741782188416},{"id":"https://openalex.org/C175223733","wikidata":"https://www.wikidata.org/wiki/Q1047888","display_name":"Spot contract","level":3,"score":0.5678560733795166},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.5628021955490112},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5601387023925781},{"id":"https://openalex.org/C117938511","wikidata":"https://www.wikidata.org/wiki/Q3634830","display_name":"Inventory control","level":2,"score":0.500586748123169},{"id":"https://openalex.org/C134864226","wikidata":"https://www.wikidata.org/wiki/Q1545824","display_name":"Limit price","level":3,"score":0.48516327142715454},{"id":"https://openalex.org/C2781386248","wikidata":"https://www.wikidata.org/wiki/Q11898700","display_name":"Revenue management","level":3,"score":0.4615514278411865},{"id":"https://openalex.org/C98965940","wikidata":"https://www.wikidata.org/wiki/Q877496","display_name":"Transaction cost","level":2,"score":0.4304124712944031},{"id":"https://openalex.org/C194191399","wikidata":"https://www.wikidata.org/wiki/Q7169552","display_name":"Perpetual inventory","level":4,"score":0.4303998351097107},{"id":"https://openalex.org/C3018434026","wikidata":"https://www.wikidata.org/wiki/Q3761396","display_name":"Inventory management","level":2,"score":0.42390769720077515},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.3098453879356384},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.24824312329292297},{"id":"https://openalex.org/C24373527","wikidata":"https://www.wikidata.org/wiki/Q252073","display_name":"Inventory theory","level":3,"score":0.23672190308570862},{"id":"https://openalex.org/C34881761","wikidata":"https://www.wikidata.org/wiki/Q1936341","display_name":"Price level","level":2,"score":0.1971845030784607},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.170787513256073},{"id":"https://openalex.org/C21547014","wikidata":"https://www.wikidata.org/wiki/Q1423657","display_name":"Operations management","level":1,"score":0.1587715744972229},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.14243748784065247},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.0},{"id":"https://openalex.org/C106306483","wikidata":"https://www.wikidata.org/wiki/Q183984","display_name":"Futures contract","level":2,"score":0.0},{"id":"https://openalex.org/C119599485","wikidata":"https://www.wikidata.org/wiki/Q43035","display_name":"Electrical engineering","level":1,"score":0.0},{"id":"https://openalex.org/C206658404","wikidata":"https://www.wikidata.org/wiki/Q12725","display_name":"Electricity","level":2,"score":0.0}],"mesh":[],"locations_count":6,"locations":[{"id":"doi:10.1007/s00186-010-0336-z","is_oa":true,"landing_page_url":"https://doi.org/10.1007/s00186-010-0336-z","pdf_url":"https://link.springer.com/content/pdf/10.1007/s00186-010-0336-z.pdf","source":{"id":"https://openalex.org/S126160977","display_name":"Mathematical Methods of Operations Research","issn_l":"1432-2994","issn":["1432-2994","1432-5217"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":"cc-by-nc","license_id":"https://openalex.org/licenses/cc-by-nc","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Mathematical Methods of Operations Research","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:spr:compst:v:73:y:2011:i:1:p:109-137","is_oa":false,"landing_page_url":"http://hdl.handle.net/10.1007/s00186-010-0336-z","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"article"},{"id":"pmh:oai:escholarship.org/ark:/13030/qt3fr4q58n","is_oa":false,"landing_page_url":"https://escholarship.org/uc/item/3fr4q58n","pdf_url":null,"source":{"id":"https://openalex.org/S4306400115","display_name":"eScholarship (California Digital Library)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I2801248553","host_organization_name":"California Digital Library","host_organization_lineage":["https://openalex.org/I2801248553"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"article"},{"id":"pmh:oai:escholarship.org/ark:/13030/qt531760vr","is_oa":false,"landing_page_url":"https://escholarship.org/uc/item/531760vr","pdf_url":null,"source":{"id":"https://openalex.org/S4306400115","display_name":"eScholarship (California Digital Library)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I2801248553","host_organization_name":"California Digital Library","host_organization_lineage":["https://openalex.org/I2801248553"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Mathematical Methods of Operations Research, vol 73, iss 1","raw_type":"article"},{"id":"pmh:qt3fr4q58n","is_oa":false,"landing_page_url":"http://www.escholarship.org/uc/item/3fr4q58n","pdf_url":null,"source":{"id":"https://openalex.org/S4306400115","display_name":"eScholarship (California Digital Library)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I2801248553","host_organization_name":"California Digital Library","host_organization_lineage":["https://openalex.org/I2801248553"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Guo, Xin; Kaminsky, Philip; Tomecek, Pascal; & Yuen, M.(2007). Optimal Spot Market Inventory Strategies in the Presence of Cost and Price Risk. Coleman Fung Risk Management Research Center. UC Berkeley: Center for Risk Management Research. Retrieved from: http://www.escholarship.org/uc/item/3fr4q58n","raw_type":"article"},{"id":"pmh:qt531760vr","is_oa":false,"landing_page_url":"http://www.escholarship.org/uc/item/531760vr","pdf_url":null,"source":{"id":"https://openalex.org/S4306400115","display_name":"eScholarship (California Digital Library)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I2801248553","host_organization_name":"California Digital Library","host_organization_lineage":["https://openalex.org/I2801248553"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Guo, X.; Kaminsky, P.; Tomecek, P.; & Yuen, M.(2011). Optimal spot market inventory strategies in the presence of cost and price risk. Mathematical Methods of Operations Research, 73(1), pp 109-137. doi: 10.1007/s00186-010-0336-z. Retrieved from: http://www.escholarship.org/uc/item/531760vr","raw_type":"article"}],"best_oa_location":{"id":"doi:10.1007/s00186-010-0336-z","is_oa":true,"landing_page_url":"https://doi.org/10.1007/s00186-010-0336-z","pdf_url":"https://link.springer.com/content/pdf/10.1007/s00186-010-0336-z.pdf","source":{"id":"https://openalex.org/S126160977","display_name":"Mathematical Methods of Operations Research","issn_l":"1432-2994","issn":["1432-2994","1432-5217"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":"cc-by-nc","license_id":"https://openalex.org/licenses/cc-by-nc","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Mathematical Methods of Operations Research","raw_type":"journal-article"},"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2070182414.pdf","grobid_xml":"https://content.openalex.org/works/W2070182414.grobid-xml"},"referenced_works_count":36,"referenced_works":["https://openalex.org/W103561663","https://openalex.org/W580959946","https://openalex.org/W1485443335","https://openalex.org/W1548710203","https://openalex.org/W1982806220","https://openalex.org/W1993495500","https://openalex.org/W1995254679","https://openalex.org/W1995522593","https://openalex.org/W2002907547","https://openalex.org/W2010287255","https://openalex.org/W2018328814","https://openalex.org/W2037230854","https://openalex.org/W2037720234","https://openalex.org/W2060333967","https://openalex.org/W2060564694","https://openalex.org/W2062590030","https://openalex.org/W2068764153","https://openalex.org/W2068990603","https://openalex.org/W2069275422","https://openalex.org/W2073097666","https://openalex.org/W2079144477","https://openalex.org/W2085632850","https://openalex.org/W2103638469","https://openalex.org/W2108101768","https://openalex.org/W2109595427","https://openalex.org/W2112760722","https://openalex.org/W2123879211","https://openalex.org/W2132973642","https://openalex.org/W2135843082","https://openalex.org/W2147736135","https://openalex.org/W2171320369","https://openalex.org/W2172202987","https://openalex.org/W2335700536","https://openalex.org/W3125223939","https://openalex.org/W3125367953","https://openalex.org/W4253453450"],"related_works":["https://openalex.org/W2031569822","https://openalex.org/W2086784031","https://openalex.org/W3122391918","https://openalex.org/W3124419189","https://openalex.org/W1993495500","https://openalex.org/W2029612111","https://openalex.org/W758815957","https://openalex.org/W2027536868","https://openalex.org/W2050341852","https://openalex.org/W225393409"],"abstract_inverted_index":{"We":[0,88,103],"consider":[1],"a":[2,11,36,98,106,121,127,146],"firm":[3,24],"facing":[4],"random":[5,15],"demand":[6],"at":[7,149],"the":[8,21,23,55,61,70,77,114,134,141,150,153,171],"end":[9],"of":[10,14,60,79,129,136,152,173],"single":[12],"period":[13,142],"length.":[16],"At":[17],"any":[18],"time":[19],"during":[20,140],"period,":[22,56,154],"can":[25],"either":[26],"increase":[27],"or":[28,33,73],"decrease":[29],"inventory":[30,139,176],"by":[31,120],"buying":[32,80],"selling":[34,64],"on":[35,69],"spot":[37,71],"market":[38],"where":[39,57],"price":[40,168],"fluctuates":[41],"randomly":[42],"over":[43,54],"time.":[44],"The":[45],"firm\u2019s":[46],"goal":[47],"is":[48,95,117,181],"to":[49,66,97,111],"maximize":[50],"expected":[51],"discounted":[52],"profit":[53,58],"consists":[59],"revenue":[62],"from":[63],"goods":[65],"meet":[67],"demand,":[68],"market,":[72],"in":[74],"salvage,":[75],"minus":[76],"cost":[78],"goods,":[81],"and":[82,85,155],"transaction,":[83],"penalty,":[84],"holding":[86],"costs.":[87],"first":[89],"show":[90,112],"that":[91,113,166],"this":[92],"optimization":[93],"problem":[94],"equivalent":[96],"two-dimensional":[99],"singular":[100],"control":[101],"problem.":[102],"then":[104,156],"use":[105],"recently":[107],"developed":[108],"control-theoretic":[109],"approach":[110],"optimal":[115],"policy":[116],"completely":[118],"characterized":[119],"simple":[122],"price-dependent":[123],"two-threshold":[124],"policy.":[125],"In":[126,161],"series":[128],"computational":[130],"experiments,":[131,163],"we":[132,164],"explore":[133],"value":[135,172],"actively":[137,174],"managing":[138,175],"rather":[143],"than":[144],"making":[145],"purchase":[147],"decision":[148],"start":[151],"passively":[157],"waiting":[158],"for":[159],"demand.":[160],"these":[162],"observe":[165],"as":[167],"volatility":[169],"increases,":[170],"increases":[177],"until":[178],"some":[179],"limit":[180],"reached.":[182]},"counts_by_year":[{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":6},{"year":2022,"cited_by_count":2},{"year":2020,"cited_by_count":2},{"year":2019,"cited_by_count":3},{"year":2018,"cited_by_count":1},{"year":2016,"cited_by_count":1},{"year":2015,"cited_by_count":6},{"year":2014,"cited_by_count":4},{"year":2013,"cited_by_count":3},{"year":2012,"cited_by_count":3}],"updated_date":"2026-04-05T17:49:38.594831","created_date":"2025-10-10T00:00:00"}