Risk-Reward Models for Two-option Online Leasing Problem
Authors: 
Jingting Wu, Yong ZhangAuthors Info & Claims
Jingting Wu, Yong ZhangAuthors Info & ClaimsPages 228 - 233
Abstract
In this paper, we use a competitive strategy to analyze the two-option online leasing problem under a sharing economy. To make the model more realistic, we utilize the decision-maker's risk tolerance and duration forecasting to build two risk-reward models. The optimal risk-reward strategy for two expected probabilities of the two-option online leasing problem under a sharing economy is presented and the optimal decision time is determined. Numerical examples show that the competitive performance is significantly improved in the two risk-reward models.
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Index Terms
- Risk-Reward Models for Two-option Online Leasing Problem
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Published In
August 2024
465 pages
ISBN:9798400716997
DOI:10.1145/3695652
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Publication History
Published: 15 October 2024
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IMMS 2024
IMMS 2024: 2024 the 7th International Conference on Information Management and Management Science
August 23 - 25, 2024
Beijing, China
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