{"id":"https://openalex.org/W2801470175","doi":"https://doi.org/10.1142/s0217595918400080","title":"Coordinating Supply Chain with Buy-Back Contracts in the Presence of Risk Aversion","display_name":"Coordinating Supply Chain with Buy-Back Contracts in the Presence of Risk Aversion","publication_year":2018,"publication_date":"2018-04-01","ids":{"openalex":"https://openalex.org/W2801470175","doi":"https://doi.org/10.1142/s0217595918400080","mag":"2801470175"},"language":"en","primary_location":{"id":"doi:10.1142/s0217595918400080","is_oa":false,"landing_page_url":"https://doi.org/10.1142/s0217595918400080","pdf_url":null,"source":{"id":"https://openalex.org/S1254427","display_name":"Asia Pacific Journal of Operational Research","issn_l":"0217-5959","issn":["0217-5959","1793-7019"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319815","host_organization_name":"World Scientific","host_organization_lineage":["https://openalex.org/P4310319815"],"host_organization_lineage_names":["World Scientific"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Asia-Pacific Journal of Operational Research","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/A5060003980","display_name":"Chunlin Luo","orcid":"https://orcid.org/0000-0002-0917-4264"},"institutions":[{"id":"https://openalex.org/I4210165038","display_name":"University of Chinese Academy of Sciences","ror":"https://ror.org/05qbk4x57","country_code":"CN","type":"education","lineage":["https://openalex.org/I19820366","https://openalex.org/I4210165038"]},{"id":"https://openalex.org/I59649739","display_name":"Jiangxi University of Finance and Economics","ror":"https://ror.org/03efmyj29","country_code":"CN","type":"education","lineage":["https://openalex.org/I59649739"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Chunlin Luo","raw_affiliation_strings":["School of Economics and Management, University of Chinese Academy of Sciences, No. 80, East Zhongguancun Road, Beijing 100190, P. R. China","School of Information Technology, Jiangxi University of Finance and Economics, No. 169, East Shuanggang Road, Nanchang, Jiangxi 330013, P. R. China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Economics and Management, University of Chinese Academy of Sciences, No. 80, East Zhongguancun Road, Beijing 100190, P. R. China","institution_ids":["https://openalex.org/I4210165038"]},{"raw_affiliation_string":"School of Information Technology, Jiangxi University of Finance and Economics, No. 169, East Shuanggang Road, Nanchang, Jiangxi 330013, P. R. China","institution_ids":["https://openalex.org/I59649739"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5046622698","display_name":"Xin Tian","orcid":"https://orcid.org/0000-0001-5706-2390"},"institutions":[{"id":"https://openalex.org/I4210165038","display_name":"University of Chinese Academy of Sciences","ror":"https://ror.org/05qbk4x57","country_code":"CN","type":"education","lineage":["https://openalex.org/I19820366","https://openalex.org/I4210165038"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Xin Tian","raw_affiliation_strings":["Research Center on Fictitious Economy, and Data Science, Chinese Academy of Sciences, No. 80, East Zhongguancun Road, Beijing 100190, P. R. China","School of Economics and Management, University of Chinese Academy of Sciences, No. 80, East Zhongguancun Road, Beijing 100190, P. R. China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Research Center on Fictitious Economy, and Data Science, Chinese Academy of Sciences, No. 80, East Zhongguancun Road, Beijing 100190, P. R. China","institution_ids":["https://openalex.org/I4210165038"]},{"raw_affiliation_string":"School of Economics and Management, University of Chinese Academy of Sciences, No. 80, East Zhongguancun Road, Beijing 100190, P. R. China","institution_ids":["https://openalex.org/I4210165038"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5030921593","display_name":"Xiaobing Mao","orcid":"https://orcid.org/0000-0001-6985-3536"},"institutions":[{"id":"https://openalex.org/I59649739","display_name":"Jiangxi University of Finance and Economics","ror":"https://ror.org/03efmyj29","country_code":"CN","type":"education","lineage":["https://openalex.org/I59649739"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Xiaobing Mao","raw_affiliation_strings":["School of Information Technology, Jiangxi University of Finance and Economics, No. 169, East Shuanggang Road, Nanchang, Jiangxi 330013, P. R. China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Information Technology, Jiangxi University of Finance and Economics, No. 169, East Shuanggang Road, Nanchang, Jiangxi 330013, P. R. China","institution_ids":["https://openalex.org/I59649739"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5048866485","display_name":"Qiang Cai","orcid":"https://orcid.org/0000-0001-6332-0771"},"institutions":[{"id":"https://openalex.org/I4210165038","display_name":"University of Chinese Academy of Sciences","ror":"https://ror.org/05qbk4x57","country_code":"CN","type":"education","lineage":["https://openalex.org/I19820366","https://openalex.org/I4210165038"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Qiang Cai","raw_affiliation_strings":["School of Economics and Management, University of Chinese Academy of Sciences, No. 80, East Zhongguancun Road, Beijing 100190, P. R. China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Economics and Management, University of Chinese Academy of Sciences, No. 80, East Zhongguancun Road, Beijing 100190, P. R. China","institution_ids":["https://openalex.org/I4210165038"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":1.9311,"has_fulltext":false,"cited_by_count":14,"citation_normalized_percentile":{"value":0.87323891,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":93,"max":97},"biblio":{"volume":"35","issue":"02","first_page":"1840008","last_page":"1840008"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":0.9998000264167786,"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":0.9998000264167786,"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/T10539","display_name":"Sustainable Supply Chain Management","score":0.9939000010490417,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"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/T11864","display_name":"Supply Chain Resilience and Risk Management","score":0.9929999709129333,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"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/cvar","display_name":"CVAR","score":0.8133472800254822},{"id":"https://openalex.org/keywords/supply-chain","display_name":"Supply chain","score":0.7635480165481567},{"id":"https://openalex.org/keywords/inefficiency","display_name":"Inefficiency","score":0.7322054505348206},{"id":"https://openalex.org/keywords/risk-aversion","display_name":"Risk aversion (psychology)","score":0.6631112098693848},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.604016900062561},{"id":"https://openalex.org/keywords/profit","display_name":"Profit (economics)","score":0.5804309844970703},{"id":"https://openalex.org/keywords/downside-risk","display_name":"Downside risk","score":0.5645512342453003},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.5442372560501099},{"id":"https://openalex.org/keywords/risk-neutral","display_name":"Risk neutral","score":0.44600266218185425},{"id":"https://openalex.org/keywords/expected-utility-hypothesis","display_name":"Expected utility hypothesis","score":0.43466049432754517},{"id":"https://openalex.org/keywords/risk-management","display_name":"Risk management","score":0.4036584496498108},{"id":"https://openalex.org/keywords/expected-shortfall","display_name":"Expected shortfall","score":0.3746689260005951},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.3604407012462616},{"id":"https://openalex.org/keywords/actuarial-science","display_name":"Actuarial science","score":0.33706140518188477},{"id":"https://openalex.org/keywords/marketing","display_name":"Marketing","score":0.17842483520507812},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.1291537880897522},{"id":"https://openalex.org/keywords/financial-economics","display_name":"Financial economics","score":0.11170288920402527}],"concepts":[{"id":"https://openalex.org/C2779922397","wikidata":"https://www.wikidata.org/wiki/Q5014755","display_name":"CVAR","level":4,"score":0.8133472800254822},{"id":"https://openalex.org/C108713360","wikidata":"https://www.wikidata.org/wiki/Q1824206","display_name":"Supply chain","level":2,"score":0.7635480165481567},{"id":"https://openalex.org/C2778869765","wikidata":"https://www.wikidata.org/wiki/Q6028363","display_name":"Inefficiency","level":2,"score":0.7322054505348206},{"id":"https://openalex.org/C129915516","wikidata":"https://www.wikidata.org/wiki/Q17083550","display_name":"Risk aversion (psychology)","level":3,"score":0.6631112098693848},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.604016900062561},{"id":"https://openalex.org/C181622380","wikidata":"https://www.wikidata.org/wiki/Q26911","display_name":"Profit (economics)","level":2,"score":0.5804309844970703},{"id":"https://openalex.org/C2776719154","wikidata":"https://www.wikidata.org/wiki/Q1094965","display_name":"Downside risk","level":3,"score":0.5645512342453003},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5442372560501099},{"id":"https://openalex.org/C2780910948","wikidata":"https://www.wikidata.org/wiki/Q2154775","display_name":"Risk neutral","level":2,"score":0.44600266218185425},{"id":"https://openalex.org/C205706631","wikidata":"https://www.wikidata.org/wiki/Q2319304","display_name":"Expected utility hypothesis","level":2,"score":0.43466049432754517},{"id":"https://openalex.org/C32896092","wikidata":"https://www.wikidata.org/wiki/Q189447","display_name":"Risk management","level":2,"score":0.4036584496498108},{"id":"https://openalex.org/C5496284","wikidata":"https://www.wikidata.org/wiki/Q5420856","display_name":"Expected shortfall","level":3,"score":0.3746689260005951},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3604407012462616},{"id":"https://openalex.org/C162118730","wikidata":"https://www.wikidata.org/wiki/Q1128453","display_name":"Actuarial science","level":1,"score":0.33706140518188477},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.17842483520507812},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.1291537880897522},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.11170288920402527},{"id":"https://openalex.org/C2780821815","wikidata":"https://www.wikidata.org/wiki/Q5340806","display_name":"Portfolio","level":2,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1142/s0217595918400080","is_oa":false,"landing_page_url":"https://doi.org/10.1142/s0217595918400080","pdf_url":null,"source":{"id":"https://openalex.org/S1254427","display_name":"Asia Pacific Journal of Operational Research","issn_l":"0217-5959","issn":["0217-5959","1793-7019"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319815","host_organization_name":"World Scientific","host_organization_lineage":["https://openalex.org/P4310319815"],"host_organization_lineage_names":["World Scientific"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Asia-Pacific Journal of Operational Research","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:wsi:apjorx:v:35:y:2018:i:02:n:s0217595918400080","is_oa":false,"landing_page_url":"http://www.worldscientific.com/doi/abs/10.1142/S0217595918400080","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":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[{"score":0.7200000286102295,"id":"https://metadata.un.org/sdg/10","display_name":"Reduced inequalities"}],"awards":[],"funders":[{"id":"https://openalex.org/F4320321001","display_name":"National Natural Science Foundation of China","ror":"https://ror.org/01h0zpd94"},{"id":"https://openalex.org/F4320325626","display_name":"Education Department of Jiangxi Province","ror":null}],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":32,"referenced_works":["https://openalex.org/W1414181283","https://openalex.org/W1647779468","https://openalex.org/W1966852670","https://openalex.org/W1977702182","https://openalex.org/W1980960845","https://openalex.org/W2006940952","https://openalex.org/W2036867385","https://openalex.org/W2039110443","https://openalex.org/W2043643352","https://openalex.org/W2053313148","https://openalex.org/W2053821484","https://openalex.org/W2059692012","https://openalex.org/W2060971185","https://openalex.org/W2062904276","https://openalex.org/W2067031490","https://openalex.org/W2075219207","https://openalex.org/W2078286604","https://openalex.org/W2110260460","https://openalex.org/W2158260067","https://openalex.org/W2275280313","https://openalex.org/W2401866119","https://openalex.org/W2487337118","https://openalex.org/W2541753284","https://openalex.org/W2551122365","https://openalex.org/W2556148887","https://openalex.org/W2591833818","https://openalex.org/W2601380388","https://openalex.org/W2608669853","https://openalex.org/W3023835951","https://openalex.org/W3124407081","https://openalex.org/W3124805376","https://openalex.org/W4236170518"],"related_works":["https://openalex.org/W2077707094","https://openalex.org/W2347830035","https://openalex.org/W2348572668","https://openalex.org/W2355877456","https://openalex.org/W2964945167","https://openalex.org/W3086852986","https://openalex.org/W2392937586","https://openalex.org/W4367679923","https://openalex.org/W2316839823","https://openalex.org/W2801470175"],"abstract_inverted_index":{"This":[0],"paper":[1],"addresses":[2],"the":[3,9,13,19,30,41,44,48,57,61,64,73,84,88,92,100,105,113,119,132,143,146,150],"operational":[4],"decisions":[5],"and":[6,33,54,77,91,141],"coordination":[7],"of":[8,15,29,43,60,69,145],"supply":[10,74,106,114],"chain":[11],"in":[12],"presence":[14],"risk":[16,20,59,70,96,123,129],"aversion,":[17,97],"where":[18],"averse":[21],"retailer\u2019s":[22],"performance":[23,38,78],"is":[24,79,121],"measured":[25],"by":[26],"a":[27],"combination":[28],"expected":[31,49],"profit":[32,50,62],"conditional":[34],"value-at-risk":[35],"(CVaR).":[36],"Such":[37,108],"measure":[39,130],"reflects":[40],"desire":[42],"retailer":[45,120],"to":[46,55,87,103,131],"maximize":[47],"on":[51,63,72,149],"one":[52],"hand":[53],"control":[56],"downside":[58],"other":[65],"hand.":[66],"The":[67],"impact":[68,144],"aversion":[71],"chain\u2019s":[75,115],"decision":[76],"also":[80],"explored.":[81],"To":[82],"overcome":[83],"inefficiency":[85],"due":[86],"double":[89],"marginalization":[90],"aggravation":[93],"resulting":[94],"from":[95],"we":[98,126],"investigate":[99],"buy-back":[101],"contract":[102,109],"coordinate":[104],"chain.":[107],"can":[110],"largely":[111],"increase":[112],"profit,":[116],"especially":[117],"when":[118],"more":[122],"averse.":[124],"Lastly,":[125],"extend":[127],"such":[128],"widely-used":[133],"business":[134],"model":[135],"nowadays":[136],"\u2014":[137],"platform":[138],"selling":[139],"model,":[140],"explore":[142],"allocation":[147],"rule":[148],"manufacturer\u2019s":[151],"decision.":[152]},"counts_by_year":[{"year":2024,"cited_by_count":2},{"year":2023,"cited_by_count":3},{"year":2022,"cited_by_count":3},{"year":2021,"cited_by_count":2},{"year":2020,"cited_by_count":2},{"year":2019,"cited_by_count":2}],"updated_date":"2026-05-21T06:26:12.895304","created_date":"2025-10-10T00:00:00"}
