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The Single-Period Inventory Model with Spectral Risk Measures

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Book Series: Forschungsergebnisse der Wirtschaftsuniversitaet Wien ISBN: 9783631753989 Year: Pages: 132 DOI: 10.3726/b13918 Language: English
Publisher: Peter Lang International Academic Publishing Group
Subject: Business and Management
Added to DOAB on : 2020-10-03 00:18:11
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Abstract

Inventory management and pricing decisions based on quantitative models both in industrial practice and academic works often rely on minimizing expected cost, which refers to the concept of risk-neutrality of the decision maker. Although many useful insights in operational problems can be obtained by such an approach, it is well understood that incorporating attitudes toward risk is an important lever for building new theories in other fields such as economics and finance. In this work spectral risk measures are applied to the price-setting newsvendor problem and optimal policies are derived. This allows to unify results obtained so far in the literature under the common concept of spectral risk measures for the case of zero and non-zero shortage penalty cost.

Sustainable Directions in Tourism

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ISBN: 9783039217724 9783039217731 Year: Pages: 302 DOI: 10.3390/books978-3-03921-773-1 Language: English
Publisher: MDPI - Multidisciplinary Digital Publishing Institute
Subject: Economics
Added to DOAB on : 2019-12-09 11:49:16
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Within the framework of tourism companies and tourist destinations, the question of sustainability is gaining importance. Tourists are increasingly aware of the importance of sustainability criteria, awarding greater value to sustainable destinations. Sustainability refers to a wide range of aspects related to climate change, the economic organization of tourism, social values or questions, job creation, and the necessary protection of the culture of destinations and the environment. Therefore, there is a need for studies that consider these aspects in order to achieve the sustainable development of tourist destinations. Fundamental to this is discovering to what degree tourism companies and destinations approach these questions in the strategies they use to deal with problems stemming from their attempts to be more sustainable. Conceptual papers and empirical research on the economic, social, cultural, and environmental aspects related to tourism companies and destinations are welcome. Studies that analyze how these questions and the concept of sustainability are included in tourism companies and destinations are necessary in these modern times. This book was established for these reasons, dedicated to examining sustainability in tourism. The papers included in this Special Issue can help us to determine the new directions being addressed in the research on sustainability tourism.

Keywords

learning-based tourism --- science museum --- motivation --- constraint --- museum planning --- physical environment (PhE) --- visitor behavior --- visitor satisfaction --- all-for-one tourism --- spatial analysis --- tourism evaluation --- mountain areas --- sustainability services marketing matrix --- cluster analysis --- tourism indicators --- regional disparity --- tourism --- sustainability --- climate change --- choice experiment --- islands --- sustainable tourism --- strategic planning --- A’WOT --- TOWS matrix --- agritourism --- sustainable development --- the “health” of rural settlements --- Apuseni mountains --- forecast through a logistic model --- air pollution --- inbound tourism --- China, PM10 --- regression discontinuity design --- community-based tourism --- local community --- sustainable tourism --- destination development --- sense of belonging --- pro-social/pro-environmental behavior --- discrete choice experiments --- invasive species control --- tourists’ preferences --- two stage on-site sampling --- negative externalities --- event quality --- tourist satisfaction --- place attachment --- behavioral intentions --- sport tourism --- sporting event --- ecolabel --- sustainable tourism --- certification --- hotel management --- campsites --- ecolabel adoption --- electricity --- tourism --- time series --- forecasting --- sustainability --- purchasing --- supply chain --- qualitative methodology --- hotel industry --- semantic analysis --- ICT --- essential marketing --- tourism and sustainability --- value and tourism --- internet search index --- deep learning framework --- LSTM model --- hotel accommodation demands --- forecasting performance --- tourism --- compartmentalisation --- sustainable daily practices --- young adults

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