{"id":"https://openalex.org/W2776391757","doi":"https://doi.org/10.1561/0200000079","title":"Managing Supply Risk in Fixed Price Contracts: A Contingent Claims Perspective","display_name":"Managing Supply Risk in Fixed Price Contracts: A Contingent Claims Perspective","publication_year":2017,"publication_date":"2017-12-21","ids":{"openalex":"https://openalex.org/W2776391757","doi":"https://doi.org/10.1561/0200000079","mag":"2776391757"},"language":"en","primary_location":{"id":"doi:10.1561/0200000079","is_oa":false,"landing_page_url":"https://doi.org/10.1561/0200000079","pdf_url":null,"source":{"id":"https://openalex.org/S154432073","display_name":"Foundations and Trends\u00ae in Technology Information and Operations Management","issn_l":"1571-9545","issn":["1571-9545","1571-9553"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310318575","host_organization_name":"Now Publishers","host_organization_lineage":["https://openalex.org/P4310318575"],"host_organization_lineage_names":["Now Publishers"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Foundations and Trends\u00ae in Technology, Information and Operations 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/A5004200356","display_name":"Bardia Kamrad","orcid":"https://orcid.org/0000-0003-3451-3501"},"institutions":[{"id":"https://openalex.org/I184565670","display_name":"Georgetown University","ror":"https://ror.org/05vzafd60","country_code":"US","type":"education","lineage":["https://openalex.org/I184565670"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Bardia Kamrad","raw_affiliation_strings":["Georgetown University, McDonough School of Business ,","Georgetown University, McDonough School of Business, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Georgetown University, McDonough School of Business ,","institution_ids":["https://openalex.org/I184565670"]},{"raw_affiliation_string":"Georgetown University, McDonough School of Business, USA","institution_ids":["https://openalex.org/I184565670"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5021431713","display_name":"Ran Ji","orcid":"https://orcid.org/0000-0001-5797-0153"},"institutions":[{"id":"https://openalex.org/I162714631","display_name":"George Mason University","ror":"https://ror.org/02jqj7156","country_code":"US","type":"education","lineage":["https://openalex.org/I162714631"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Ran Ji","raw_affiliation_strings":["George Mason University, Volgenau School of Engineering ,","George Mason University, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"George Mason University, Volgenau School of Engineering ,","institution_ids":["https://openalex.org/I162714631"]},{"raw_affiliation_string":"George Mason University, USA","institution_ids":["https://openalex.org/I162714631"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5025646618","display_name":"Glen M. Schmidt","orcid":"https://orcid.org/0000-0001-9739-1164"},"institutions":[{"id":"https://openalex.org/I223532165","display_name":"University of Utah","ror":"https://ror.org/03r0ha626","country_code":"US","type":"education","lineage":["https://openalex.org/I223532165"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Glen M. Schmidt","raw_affiliation_strings":["University of Utah, Eccles School of Business ,","The David Eccles School of Business, University of Utah, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Utah, Eccles School of Business ,","institution_ids":["https://openalex.org/I223532165"]},{"raw_affiliation_string":"The David Eccles School of Business, University of Utah, USA","institution_ids":["https://openalex.org/I223532165"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":3,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":{"value":0.25634473,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":"11","issue":"1-2","first_page":"65","last_page":"88"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T12276","display_name":"Risk Management in Financial Firms","score":0.9269000291824341,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"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/T12276","display_name":"Risk Management in Financial Firms","score":0.9269000291824341,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"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/T11976","display_name":"Capital Investment and Risk Analysis","score":0.9088000059127808,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/portfolio","display_name":"Portfolio","score":0.7090376019477844},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.5012168884277344},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.4930057227611542},{"id":"https://openalex.org/keywords/valuation","display_name":"Valuation (finance)","score":0.4860232472419739},{"id":"https://openalex.org/keywords/model-risk","display_name":"Model risk","score":0.474827378988266},{"id":"https://openalex.org/keywords/risk-management","display_name":"Risk management","score":0.44277673959732056},{"id":"https://openalex.org/keywords/volatility","display_name":"Volatility (finance)","score":0.4376636743545532},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.4316810667514801},{"id":"https://openalex.org/keywords/operational-risk","display_name":"Operational risk","score":0.4182599186897278},{"id":"https://openalex.org/keywords/actuarial-science","display_name":"Actuarial science","score":0.4145738482475281},{"id":"https://openalex.org/keywords/risk-analysis","display_name":"Risk analysis (engineering)","score":0.34114617109298706},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.23105579614639282}],"concepts":[{"id":"https://openalex.org/C2780821815","wikidata":"https://www.wikidata.org/wiki/Q5340806","display_name":"Portfolio","level":2,"score":0.7090376019477844},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5012168884277344},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.4930057227611542},{"id":"https://openalex.org/C186027771","wikidata":"https://www.wikidata.org/wiki/Q4008379","display_name":"Valuation (finance)","level":2,"score":0.4860232472419739},{"id":"https://openalex.org/C2778414658","wikidata":"https://www.wikidata.org/wiki/Q1409206","display_name":"Model risk","level":3,"score":0.474827378988266},{"id":"https://openalex.org/C32896092","wikidata":"https://www.wikidata.org/wiki/Q189447","display_name":"Risk management","level":2,"score":0.44277673959732056},{"id":"https://openalex.org/C91602232","wikidata":"https://www.wikidata.org/wiki/Q756115","display_name":"Volatility (finance)","level":2,"score":0.4376636743545532},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.4316810667514801},{"id":"https://openalex.org/C11489865","wikidata":"https://www.wikidata.org/wiki/Q944806","display_name":"Operational risk","level":3,"score":0.4182599186897278},{"id":"https://openalex.org/C162118730","wikidata":"https://www.wikidata.org/wiki/Q1128453","display_name":"Actuarial science","level":1,"score":0.4145738482475281},{"id":"https://openalex.org/C112930515","wikidata":"https://www.wikidata.org/wiki/Q4389547","display_name":"Risk analysis (engineering)","level":1,"score":0.34114617109298706},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.23105579614639282}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1561/0200000079","is_oa":false,"landing_page_url":"https://doi.org/10.1561/0200000079","pdf_url":null,"source":{"id":"https://openalex.org/S154432073","display_name":"Foundations and Trends\u00ae in Technology Information and Operations Management","issn_l":"1571-9545","issn":["1571-9545","1571-9553"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310318575","host_organization_name":"Now Publishers","host_organization_lineage":["https://openalex.org/P4310318575"],"host_organization_lineage_names":["Now Publishers"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Foundations and Trends\u00ae in Technology, Information and Operations Management","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:now:fnttom:0200000079","is_oa":false,"landing_page_url":"http://doi.org/10.1561/0200000079","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"}],"best_oa_location":null,"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/17","display_name":"Partnerships for the goals","score":0.5199999809265137}],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W1497190841","https://openalex.org/W1530615066","https://openalex.org/W2378750318","https://openalex.org/W2358374147","https://openalex.org/W2355586614","https://openalex.org/W1980511804","https://openalex.org/W1601345396","https://openalex.org/W2366417163","https://openalex.org/W4245261408","https://openalex.org/W4224209906"],"abstract_inverted_index":{"The":[0,31,76],"primary":[1],"focus":[2,64],"of":[3,39,51,57],"this":[4,86,108],"paper":[5],"is":[6,33,113],"supply":[7,52,67,93],"risk":[8,73,77,112],"mitigation.":[9],"though,":[10],"its":[11],"objectives":[12],"are":[13],"twofold.":[14],"First,":[15],"we":[16,44],"develop":[17],"a":[18,37,58,63,70,89,114],"generic":[19],"contingent":[20],"claims":[21],"model":[22,32,47],"framed":[23],"as":[24],"an":[25],"exercise":[26],"in":[27,85,117,127],"stochastic":[28],"optimal":[29,119],"control.":[30],"easily":[34],"adjusted":[35],"to":[36,48],"number":[38],"risk-based":[40],"operational":[41,104],"problems.":[42],"Second,":[43],"adapt":[45],"the":[46,49,55,102,123,128,137],"problem":[50],"uncertainty":[53,68],"and":[54,78,97,100],"valuation":[56],"fixed":[59],"price":[60],"contract":[61],"with":[62,122],"on":[65],"managing":[66],"through":[69],"portfolio":[71],"based":[72],"sharing":[74],"framework.":[75],"reward":[79],"tradeoffs":[80],"characterizing":[81],"our":[82],"general":[83],"findings":[84],"chapter":[87],"indicate":[88],"subtle":[90],"balance":[91],"between":[92],"risk,":[94],"sourcing":[95],"allocations":[96],"related":[98],"costs,":[99],"accordingly,":[101],"resulting":[103],"strategies":[105],"considered.":[106],"Given":[107],"setup,":[109],"increased":[110],"supplier-portfolio":[111],"defining":[115],"measure":[116],"establishing":[118],"operating":[120],"policies,":[121],"caveat":[124],"that":[125],"increases":[126],"supplier":[129],"portfolio\u2019s":[130],"volatility,":[131],"also":[132],"increase":[133],"shortages":[134],"which":[135],"lowers":[136],"contract\u2019s":[138],"value.":[139]},"counts_by_year":[],"updated_date":"2026-06-11T09:08:48.828518","created_date":"2025-10-10T00:00:00"}