Supervisors info:
Μπουρνέτας Απόστολος, Καθηγητής, Τμήμα Μαθηματικών, Εθνικό και Καποδιστριακό Πανεπιστήμιο Αθηνών
Summary:
This thesis deals with production and pricing policies in various systems, where demand is stochastic and there are general risk preferences. In particular, policies are considered where a trader or a company can apply to maximize its profits in a market that operates under stagnant demand. But each stakeholder attitude varies, as there are those who seek the risk expecting higher profits, those who avoid it expecting safe but lower profits and the neutral stakeholders. There are, therefore, several cases that need to be analyzed separately, firstly and then the necessary comparisons are made, which will lead to appropriate conclusions.
