{"id":"https://openalex.org/W3020699084","doi":"https://doi.org/10.1109/tem.2020.2975237","title":"Risk-Averse Portfolio Procurement Strategy Under Large-Scale Promotion Online","display_name":"Risk-Averse Portfolio Procurement Strategy Under Large-Scale Promotion Online","publication_year":2020,"publication_date":"2020-04-24","ids":{"openalex":"https://openalex.org/W3020699084","doi":"https://doi.org/10.1109/tem.2020.2975237","mag":"3020699084"},"language":"en","primary_location":{"id":"doi:10.1109/tem.2020.2975237","is_oa":false,"landing_page_url":"https://doi.org/10.1109/tem.2020.2975237","pdf_url":null,"source":{"id":"https://openalex.org/S154533451","display_name":"IEEE Transactions on Engineering Management","issn_l":"0018-9391","issn":["0018-9391","1558-0040"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319808","host_organization_name":"Institute of Electrical and Electronics Engineers","host_organization_lineage":["https://openalex.org/P4310319808"],"host_organization_lineage_names":["Institute of Electrical and Electronics Engineers"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"IEEE Transactions on Engineering Management","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5101795378","display_name":"Feng Wu","orcid":"https://orcid.org/0000-0001-6716-7890"},"institutions":[{"id":"https://openalex.org/I87445476","display_name":"Xi'an Jiaotong University","ror":"https://ror.org/017zhmm22","country_code":"CN","type":"education","lineage":["https://openalex.org/I87445476"]}],"countries":["CN"],"is_corresponding":true,"raw_author_name":"Feng Wu","raw_affiliation_strings":["School of Management, Xi'an Jiaotong University, Xi'an, China"],"affiliations":[{"raw_affiliation_string":"School of Management, Xi'an Jiaotong University, Xi'an, China","institution_ids":["https://openalex.org/I87445476"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5101574332","display_name":"Lei Shu","orcid":"https://orcid.org/0000-0003-1901-2143"},"institutions":[{"id":"https://openalex.org/I917184967","display_name":"Bank of China","ror":"https://ror.org/02mt4s337","country_code":"CN","type":"other","lineage":["https://openalex.org/I917184967"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Lei Shu","raw_affiliation_strings":["Shenzhen Central Sub-branch, the People's Bank of China, Shenzhen, China"],"affiliations":[{"raw_affiliation_string":"Shenzhen Central Sub-branch, the People's Bank of China, Shenzhen, China","institution_ids":["https://openalex.org/I917184967"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5059865153","display_name":"Sisi Zhao","orcid":null},"institutions":[{"id":"https://openalex.org/I186272606","display_name":"Guangdong University of Foreign Studies","ror":"https://ror.org/00fhc9y79","country_code":"CN","type":"education","lineage":["https://openalex.org/I186272606"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Si-Si Zhao","raw_affiliation_strings":["School of Business, Guangdong University of Foreign Studies, Guangzhou, China"],"affiliations":[{"raw_affiliation_string":"School of Business, Guangdong University of Foreign Studies, Guangzhou, China","institution_ids":["https://openalex.org/I186272606"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5015188333","display_name":"Bin Jiang","orcid":"https://orcid.org/0000-0001-6911-7424"},"institutions":[{"id":"https://openalex.org/I118353179","display_name":"DePaul University","ror":"https://ror.org/04xtx5t16","country_code":"US","type":"education","lineage":["https://openalex.org/I118353179"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Bin Jiang","raw_affiliation_strings":["Department of Management, Driehaus College of Business, DePaul University, Chicago, IL, USA"],"affiliations":[{"raw_affiliation_string":"Department of Management, Driehaus College of Business, DePaul University, Chicago, IL, USA","institution_ids":["https://openalex.org/I118353179"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":4,"corresponding_author_ids":["https://openalex.org/A5101795378"],"corresponding_institution_ids":["https://openalex.org/I87445476"],"apc_list":null,"apc_paid":null,"fwci":2.0338,"has_fulltext":false,"cited_by_count":13,"citation_normalized_percentile":{"value":0.87812589,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":94,"max":97},"biblio":{"volume":"69","issue":"4","first_page":"1252","last_page":"1261"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":0.9998999834060669,"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":0.9998999834060669,"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/T11161","display_name":"Consumer Market Behavior and Pricing","score":0.9911999702453613,"subfield":{"id":"https://openalex.org/subfields/1406","display_name":"Marketing"},"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":0.9850000143051147,"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"}}],"keywords":[{"id":"https://openalex.org/keywords/procurement","display_name":"Procurement","score":0.7840298414230347},{"id":"https://openalex.org/keywords/portfolio","display_name":"Portfolio","score":0.7284348607063293},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.5610121488571167},{"id":"https://openalex.org/keywords/risk-aversion","display_name":"Risk aversion (psychology)","score":0.5161896347999573},{"id":"https://openalex.org/keywords/spot-market","display_name":"Spot market","score":0.4834943115711212},{"id":"https://openalex.org/keywords/industrial-organization","display_name":"Industrial organization","score":0.4829196631908417},{"id":"https://openalex.org/keywords/supply-and-demand","display_name":"Supply and demand","score":0.46963071823120117},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.4603104591369629},{"id":"https://openalex.org/keywords/expected-utility-hypothesis","display_name":"Expected utility hypothesis","score":0.2938622236251831},{"id":"https://openalex.org/keywords/marketing","display_name":"Marketing","score":0.28219351172447205},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.1986730694770813},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.16739484667778015},{"id":"https://openalex.org/keywords/financial-economics","display_name":"Financial economics","score":0.08751261234283447}],"concepts":[{"id":"https://openalex.org/C201650216","wikidata":"https://www.wikidata.org/wiki/Q829492","display_name":"Procurement","level":2,"score":0.7840298414230347},{"id":"https://openalex.org/C2780821815","wikidata":"https://www.wikidata.org/wiki/Q5340806","display_name":"Portfolio","level":2,"score":0.7284348607063293},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5610121488571167},{"id":"https://openalex.org/C129915516","wikidata":"https://www.wikidata.org/wiki/Q17083550","display_name":"Risk aversion (psychology)","level":3,"score":0.5161896347999573},{"id":"https://openalex.org/C2776789725","wikidata":"https://www.wikidata.org/wiki/Q1572221","display_name":"Spot market","level":3,"score":0.4834943115711212},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.4829196631908417},{"id":"https://openalex.org/C120330832","wikidata":"https://www.wikidata.org/wiki/Q166656","display_name":"Supply and demand","level":2,"score":0.46963071823120117},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.4603104591369629},{"id":"https://openalex.org/C205706631","wikidata":"https://www.wikidata.org/wiki/Q2319304","display_name":"Expected utility hypothesis","level":2,"score":0.2938622236251831},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.28219351172447205},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.1986730694770813},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.16739484667778015},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.08751261234283447},{"id":"https://openalex.org/C206658404","wikidata":"https://www.wikidata.org/wiki/Q12725","display_name":"Electricity","level":2,"score":0.0},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.0},{"id":"https://openalex.org/C119599485","wikidata":"https://www.wikidata.org/wiki/Q43035","display_name":"Electrical engineering","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1109/tem.2020.2975237","is_oa":false,"landing_page_url":"https://doi.org/10.1109/tem.2020.2975237","pdf_url":null,"source":{"id":"https://openalex.org/S154533451","display_name":"IEEE Transactions on Engineering Management","issn_l":"0018-9391","issn":["0018-9391","1558-0040"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319808","host_organization_name":"Institute of Electrical and Electronics Engineers","host_organization_lineage":["https://openalex.org/P4310319808"],"host_organization_lineage_names":["Institute of Electrical and Electronics Engineers"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"IEEE Transactions on Engineering Management","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[{"id":"https://openalex.org/G6392770566","display_name":null,"funder_award_id":"71871177","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G7961635562","display_name":null,"funder_award_id":"71471144","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"}],"funders":[{"id":"https://openalex.org/F4320321001","display_name":"National Natural Science Foundation of China","ror":"https://ror.org/01h0zpd94"}],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":31,"referenced_works":["https://openalex.org/W598925689","https://openalex.org/W1985323212","https://openalex.org/W1986815644","https://openalex.org/W1993495500","https://openalex.org/W2000766135","https://openalex.org/W2003043172","https://openalex.org/W2015518682","https://openalex.org/W2016754973","https://openalex.org/W2017417749","https://openalex.org/W2032177857","https://openalex.org/W2033092009","https://openalex.org/W2036362268","https://openalex.org/W2037720234","https://openalex.org/W2052991642","https://openalex.org/W2065620658","https://openalex.org/W2081818676","https://openalex.org/W2123586567","https://openalex.org/W2124684414","https://openalex.org/W2125629549","https://openalex.org/W2136993619","https://openalex.org/W2142959166","https://openalex.org/W2146043379","https://openalex.org/W2146591451","https://openalex.org/W2150534147","https://openalex.org/W2153635351","https://openalex.org/W2331354852","https://openalex.org/W2561634654","https://openalex.org/W2571167534","https://openalex.org/W2736087511","https://openalex.org/W2890117794","https://openalex.org/W3121230277"],"related_works":["https://openalex.org/W4382807753","https://openalex.org/W2910979491","https://openalex.org/W2064266244","https://openalex.org/W2905337732","https://openalex.org/W2910018200","https://openalex.org/W4237857337","https://openalex.org/W2947604111","https://openalex.org/W3124718809","https://openalex.org/W1536792697","https://openalex.org/W1998444405"],"abstract_inverted_index":{"The":[0,72,88,114],"large-scale":[1],"promotion":[2],"online":[3],"brings":[4],"great":[5],"challenges":[6],"to":[7,119],"e-tailers,":[8],"such":[9],"as":[10],"the":[11,20,45,56,61,66,81,101,123,128],"uncertain":[12],"demand":[13],"caused":[14],"by":[15],"strategic":[16,78,137],"customer":[17],"behaviors":[18],"and":[19,38,77,105],"unreliable":[21,62],"supply":[22,63,108,129],"from":[23],"suppliers.":[24],"In":[25],"this":[26],"article,":[27],"a":[28,35,39,48],"portfolio":[29],"procurement":[30,83,93],"strategy":[31,84],"(PPS)":[32],"that":[33],"incorporates":[34],"long-term":[36],"contract":[37,64,96,109],"spot":[40,67,111],"market":[41,68,112],"is":[42,116,125,130],"proposed.":[43],"From":[44],"perspective":[46],"of":[47,74],"risk-averse":[49],"e-tailer,":[50],"we":[51],"identify":[52],"conditions":[53],"under":[54],"which":[55],"e-tailer":[57,102,124],"should":[58],"procure,":[59],"via":[60,95],"only,":[65,69],"or":[70,110,133],"both.":[71],"impacts":[73],"risk":[75],"aversion":[76],"customers":[79],"on":[80],"optimal":[82],"are":[85,135],"also":[86],"investigated.":[87],"results":[89],"show":[90],"that,":[91],"when":[92],"price":[94],"lies":[97],"between":[98],"two":[99],"thresholds,":[100],"chooses":[103,107],"PPS,":[104],"otherwise":[106],"only.":[113],"PPS":[115],"more":[117,126,131,136],"likely":[118],"be":[120],"used":[121],"if":[122],"risk-averse,":[127],"unreliable,":[132],"there":[134],"customers.":[138]},"counts_by_year":[{"year":2025,"cited_by_count":2},{"year":2024,"cited_by_count":3},{"year":2023,"cited_by_count":2},{"year":2022,"cited_by_count":3},{"year":2021,"cited_by_count":3}],"updated_date":"2025-11-06T03:46:38.306776","created_date":"2025-10-10T00:00:00"}