{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2026,3,7]],"date-time":"2026-03-07T19:43:33Z","timestamp":1772912613788,"version":"3.50.1"},"reference-count":28,"publisher":"Springer Science and Business Media LLC","issue":"3","license":[{"start":{"date-parts":[[2016,1,20]],"date-time":"2016-01-20T00:00:00Z","timestamp":1453248000000},"content-version":"tdm","delay-in-days":0,"URL":"http:\/\/www.springer.com\/tdm"}],"content-domain":{"domain":["link.springer.com"],"crossmark-restriction":false},"short-container-title":["J Optim Theory Appl"],"published-print":{"date-parts":[[2016,12]]},"DOI":"10.1007\/s10957-016-0870-9","type":"journal-article","created":{"date-parts":[[2016,1,20]],"date-time":"2016-01-20T21:10:53Z","timestamp":1453324253000},"page":"1008-1032","update-policy":"https:\/\/doi.org\/10.1007\/springer_crossmark_policy","source":"Crossref","is-referenced-by-count":21,"title":["Robust Optimization for the Loss-Averse Newsvendor Problem"],"prefix":"10.1007","volume":"171","author":[{"given":"Hui","family":"Yu","sequence":"first","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]},{"given":"Jia","family":"Zhai","sequence":"additional","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]},{"given":"Guang-Ya","family":"Chen","sequence":"additional","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]}],"member":"297","published-online":{"date-parts":[[2016,1,20]]},"reference":[{"issue":"2","key":"870_CR1","doi-asserted-by":"crossref","first-page":"263","DOI":"10.2307\/1914185","volume":"47","author":"D Kahneman","year":"1979","unstructured":"Kahneman, D., Tversky, A.: Prospect theory: an analysis of decisions under risk. Econometrica 47(2), 263\u2013291 (1979)","journal-title":"Econometrica"},{"key":"870_CR2","doi-asserted-by":"crossref","first-page":"85","DOI":"10.2307\/256499","volume":"31","author":"A Fiegenbaum","year":"1988","unstructured":"Fiegenbaum, A., Thomas, H.: Attitudes toward risk and the risk-return paradox: prospect theory explanations. Acad. Manag. J. 31, 85\u2013106 (1988)","journal-title":"Acad. Manag. J."},{"key":"870_CR3","doi-asserted-by":"crossref","first-page":"287","DOI":"10.1287\/mksc.11.3.287","volume":"11","author":"D Putler","year":"1992","unstructured":"Putler, D.: Incorporating reference price effects into a theory of household choice. Mark. Sci. 11, 287\u2013309 (1992)","journal-title":"Mark. Sci."},{"key":"870_CR4","doi-asserted-by":"crossref","first-page":"73","DOI":"10.2307\/2118511","volume":"110","author":"S Benartzi","year":"1995","unstructured":"Benartzi, S., Thaler, R.H.: Myopic loss aversion and the equity premium puzzle. Q. J. Econ. 110, 73\u201392 (1995)","journal-title":"Q. J. Econ."},{"issue":"2","key":"870_CR5","doi-asserted-by":"crossref","first-page":"407","DOI":"10.1162\/003355397555244","volume":"112","author":"C Camerer","year":"1997","unstructured":"Camerer, C., Babcock, L., Loewenstein, G., Thaler, R.H.: Labor supply of New York City cabdrivers: one day at a time. Q. J. Econ. 112(2), 407\u2013442 (1997)","journal-title":"Q. J. Econ."},{"key":"870_CR6","doi-asserted-by":"crossref","first-page":"155","DOI":"10.1016\/S0167-2681(99)00004-9","volume":"38","author":"D Bowman","year":"1999","unstructured":"Bowman, D., Minehart, D., Rabin, M.: Loss aversion in a consumption\u2013savings model. J. Econ. Behav. Org. 38, 155\u2013178 (1999)","journal-title":"J. Econ. Behav. Org."},{"key":"870_CR7","doi-asserted-by":"crossref","first-page":"1233","DOI":"10.1162\/003355301753265561","volume":"116","author":"D Genesove","year":"2001","unstructured":"Genesove, D., Mayer, C.: Loss aversion and seller behavior: evidence from the housing market. Q. J. Econ. 116, 1233\u20131260 (2001)","journal-title":"Q. J. Econ."},{"key":"870_CR8","volume-title":"Taking Risks: The Management of Uncertainty","author":"KR MacCrimmon","year":"1986","unstructured":"MacCrimmon, K.R., Wehrung, D.A.: Taking Risks: The Management of Uncertainty. Free Press, New York (1986)"},{"key":"870_CR9","doi-asserted-by":"crossref","first-page":"21","DOI":"10.1016\/j.econlet.2003.12.006","volume":"84","author":"D Duxbury","year":"2004","unstructured":"Duxbury, D., Summers, B.: Financial risk perception: Are individuals variance averse or loss averse? Econ. Lett. 84, 21\u201328 (2004)","journal-title":"Econ. Lett."},{"key":"870_CR10","doi-asserted-by":"crossref","first-page":"301","DOI":"10.1007\/s11166-005-5105-7","volume":"31","author":"P Brooks","year":"2005","unstructured":"Brooks, P., Zank, H.: Loss averse behavior. J. Risk Uncertain. 31, 301\u2013325 (2005)","journal-title":"J. Risk Uncertain."},{"key":"870_CR11","doi-asserted-by":"crossref","first-page":"404","DOI":"10.1287\/mnsc.46.3.404.12070","volume":"46","author":"ME Schweitzer","year":"2000","unstructured":"Schweitzer, M.E., Cachon, G.P.: Decision bias in the newsvendor problem with a known demand distribution: experimental evidence. Manag. Sci. 46, 404\u2013420 (2000)","journal-title":"Manag. Sci."},{"key":"870_CR12","doi-asserted-by":"crossref","first-page":"93","DOI":"10.1016\/j.omega.2006.08.003","volume":"37","author":"CX Wang","year":"2009","unstructured":"Wang, C.X., Webster, S.: The loss-averse newsvendor problem. Omega 37, 93\u2013105 (2009)","journal-title":"Omega"},{"key":"870_CR13","first-page":"201","volume-title":"Studies in The Mathematical Theory of Inventory and Production","author":"H Scarf","year":"1958","unstructured":"Scarf, H.: A min-max solution of an inventory problem. In: Arrow, K., Karlin, S., Scarf, H. (eds.) Studies in The Mathematical Theory of Inventory and Production, pp. 201\u2013209. Stanford University Press, Stanford, CA (1958)"},{"issue":"8","key":"870_CR14","doi-asserted-by":"crossref","first-page":"825","DOI":"10.1057\/jors.1993.141","volume":"44","author":"G Gallego","year":"1993","unstructured":"Gallego, G., Moon, I.: The distribution free newsboy problem: review and extensions. J. Oper. Res. Soc. 44(8), 825\u2013834 (1993)","journal-title":"J. Oper. Res. Soc."},{"issue":"4","key":"870_CR15","doi-asserted-by":"crossref","first-page":"537","DOI":"10.1057\/jors.1995.73","volume":"46","author":"I Moon","year":"1995","unstructured":"Moon, I., Choi, S.: Distribution free newsboy problem with balking. J. Oper. Res. Soc. 46(4), 537\u2013542 (1995)","journal-title":"J. Oper. Res. Soc."},{"issue":"1","key":"870_CR16","doi-asserted-by":"crossref","first-page":"21","DOI":"10.1016\/S0925-5273(96)00026-6","volume":"48","author":"I Moon","year":"1997","unstructured":"Moon, I., Choi, S.: Distribution free procedures for make-to-order (MTO), make-in-advance (MIA), and composite policies. Int. J. Prod. Econ. 48(1), 21\u201328 (1997)","journal-title":"Int. J. Prod. Econ."},{"key":"870_CR17","doi-asserted-by":"crossref","first-page":"465","DOI":"10.1016\/j.ijpe.2004.06.043","volume":"93\u201394","author":"HK Alfares","year":"2005","unstructured":"Alfares, H.K., Elmorra, H.H.: The distribution-free newsboy problem: extension to the shortage penalty case. Int. J. Prod. Econ. 93\u201394, 465\u2013477 (2005)","journal-title":"Int. J. Prod. Econ."},{"issue":"3","key":"870_CR18","doi-asserted-by":"crossref","first-page":"329","DOI":"10.1016\/j.ijpe.2004.09.003","volume":"97","author":"J Mostard","year":"2005","unstructured":"Mostard, J., Koster, R., Teunter, R.: The distribution-free newsboy problem with resalable returns. Int. J. Prod. Econ. 97(3), 329\u2013342 (2005)","journal-title":"Int. J. Prod. Econ."},{"issue":"6","key":"870_CR19","doi-asserted-by":"crossref","first-page":"1128","DOI":"10.1287\/opre.1060.0318","volume":"54","author":"J Yue","year":"2006","unstructured":"Yue, J., Chen, B., Wang, M.: Expected value of distribution information for the newsvendor problem. Oper. Res. 54(6), 1128\u20131136 (2006)","journal-title":"Oper. Res."},{"key":"870_CR20","doi-asserted-by":"crossref","first-page":"224","DOI":"10.1016\/j.ijpe.2010.04.024","volume":"133","author":"Y Liao","year":"2011","unstructured":"Liao, Y., Banerjee, A., Yan, C.: A distribution-free newsvendor model with balking and lost sales penalty. Int. J. Prod. Econ. 133, 224\u2013227 (2011)","journal-title":"Int. J. Prod. Econ."},{"key":"870_CR21","doi-asserted-by":"crossref","first-page":"217","DOI":"10.1016\/j.ijpe.2010.10.009","volume":"129","author":"C Lee","year":"2011","unstructured":"Lee, C., Hsu, S.: The effect of advertising on the distribution-free newsboy problem. Int. J. Prod. Econ. 129, 217\u2013224 (2011)","journal-title":"Int. J. Prod. Econ."},{"issue":"7","key":"870_CR22","first-page":"1269C1277","volume":"46","author":"B Pal","year":"2013","unstructured":"Pal, B., Sana, S.S., Chaudhuri, K.: A distribution-free newsvendor problem with nonlinear holding cost. Int. J. Syst. Sci. 46(7), 1269C1277 (2013)","journal-title":"Int. J. Syst. Sci."},{"issue":"3","key":"870_CR23","doi-asserted-by":"crossref","first-page":"640","DOI":"10.1080\/10556788.2013.768994","volume":"28","author":"Z Zhu","year":"2013","unstructured":"Zhu, Z., Zhang, J., Ye, Y.: Newsvendor optimization with limited distribution information. Opt. Methods Softw. 28(3), 640\u2013667 (2013)","journal-title":"Opt. Methods Softw."},{"key":"870_CR24","doi-asserted-by":"crossref","first-page":"234","DOI":"10.1016\/j.ejor.2013.07.004","volume":"232","author":"K Kysang","year":"2014","unstructured":"Kysang, K., Taesu, C.: A minimax distribution-free procedure for a newsvendor problem with free shipping. Eur. J. Oper. Res. 232, 234\u2013240 (2014)","journal-title":"Eur. J. Oper. Res."},{"key":"870_CR25","doi-asserted-by":"crossref","first-page":"1039","DOI":"10.2307\/2937956","volume":"106","author":"A Tversky","year":"1991","unstructured":"Tversky, A., Kahneman, D.: Loss aversion in riskless choice: a reference-dependent model. Q. J. Econ. 106, 1039\u20131061 (1991)","journal-title":"Q. J. Econ."},{"key":"870_CR26","doi-asserted-by":"crossref","first-page":"1247","DOI":"10.1111\/0022-1082.00367","volume":"56","author":"N Barberis","year":"2001","unstructured":"Barberis, N., Huang, M.: Mental accounting, loss aversion, and individual stock returns. J. Finance 56, 1247\u20131292 (2001)","journal-title":"J. Finance"},{"key":"870_CR27","doi-asserted-by":"crossref","first-page":"611","DOI":"10.1017\/S0269964807000356","volume":"21","author":"K Natarajan","year":"2007","unstructured":"Natarajan, K., Zhou, L.: A mean-variance bound for a three-piece linear function. Prob. Eng. Inf. Sci. 21, 611\u2013621 (2007)","journal-title":"Prob. Eng. Inf. Sci."},{"key":"870_CR28","volume-title":"Decision Systems for Inventory Management and Production Planning","author":"EA Silver","year":"1985","unstructured":"Silver, E.A., Peterson, R.: Decision Systems for Inventory Management and Production Planning, 2nd edn. Wiley, New York (1985)","edition":"2"}],"container-title":["Journal of Optimization Theory and Applications"],"original-title":[],"language":"en","link":[{"URL":"http:\/\/link.springer.com\/content\/pdf\/10.1007\/s10957-016-0870-9.pdf","content-type":"application\/pdf","content-version":"vor","intended-application":"text-mining"},{"URL":"http:\/\/link.springer.com\/article\/10.1007\/s10957-016-0870-9\/fulltext.html","content-type":"text\/html","content-version":"vor","intended-application":"text-mining"},{"URL":"http:\/\/link.springer.com\/content\/pdf\/10.1007\/s10957-016-0870-9.pdf","content-type":"application\/pdf","content-version":"vor","intended-application":"similarity-checking"},{"URL":"http:\/\/link.springer.com\/content\/pdf\/10.1007\/s10957-016-0870-9","content-type":"unspecified","content-version":"vor","intended-application":"similarity-checking"}],"deposited":{"date-parts":[[2019,6,2]],"date-time":"2019-06-02T09:58:46Z","timestamp":1559469526000},"score":1,"resource":{"primary":{"URL":"http:\/\/link.springer.com\/10.1007\/s10957-016-0870-9"}},"subtitle":[],"short-title":[],"issued":{"date-parts":[[2016,1,20]]},"references-count":28,"journal-issue":{"issue":"3","published-print":{"date-parts":[[2016,12]]}},"alternative-id":["870"],"URL":"https:\/\/doi.org\/10.1007\/s10957-016-0870-9","relation":{},"ISSN":["0022-3239","1573-2878"],"issn-type":[{"value":"0022-3239","type":"print"},{"value":"1573-2878","type":"electronic"}],"subject":[],"published":{"date-parts":[[2016,1,20]]}}}