A bilevel optimization model for the newsvendor problem with the focus theory of choice

Nonconvex programming, global optimization (90C26) Nonlinear programming (90C30) Management decision making, including multiple objectives (90B50) Inventory, storage, reservoirs (90B05)

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Focus programming: a bi‐level programming approach to static stochastic optimization problems

Cites Work

Newsvendor models for innovative products with one-shot decision theory
The newsvendor problem: review and directions for future research
Bicriteria optimization in the newsvendor problem with uniformly distributed demand
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Approaches to four types of bilevel programming problems with nonconvex nonsmooth lower level programs and their applications to newsvendor problems
Focus theory of choice and its application to resolving the St. Petersburg, Allais, and Ellsberg paradoxes and other anomalies
Behavioral models for first-price sealed-bid auctions with the one-shot decision theory
Newsvendor problem with clearance pricing
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A data-driven newsvendor problem: from data to decision
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Single-level reformulations of a specific non-smooth bilevel programming problem and their applications
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Advertising and forecasting investments of a newsvendor
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Pricing and the Newsvendor Problem: A Review with Extensions
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Stability in Nonlinear Programming
Optimal Inventory Policy

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