Stackelberg Game Model of Railway Freight Pricing Based on Option Theory
المؤلفون المشاركون
Guo, Jingwei
Xie, Zhongqi
Li, Qinglin
المصدر
Discrete Dynamics in Nature and Society
العدد
المجلد 2020، العدد 2020 (31 ديسمبر/كانون الأول 2020)، ص ص. 1-11، 11ص.
الناشر
Hindawi Publishing Corporation
تاريخ النشر
2020-06-22
دولة النشر
مصر
عدد الصفحات
11
التخصصات الرئيسية
الملخص EN
In recent years, although rail transport has contributed significantly to the productivity of the Chinese economy, it has also been faced with the fierce competition and challenge from other modes of transportation, and therefore, freight-pricing issue has received more attention by researchers.
In this paper, the rail freight option (RFO) based on option theory is proposed to study the optimal pricing decision of the railway transportation enterprise and contract customers’ optimal purchase decisions.
To obtain an effective RFO contract, the railway freight contract transaction process is first analyzed.
Then, the theoretical framework for the RFO contract trading is put forward in the railway freight market.
Next, a two-stage Stackelberg game theoretic approach is presented based on the principle of utility maximization to achieve the optimal decision of RFO contract.
Subsequently, the reverse reasoning method in dynamic programming is used to solve the optimal combination decision of the contract customer.
Finally, the optimal pricing decision of RFO is discussed using Kuhn–Tucker conditions and Lagrangian function.
The result shows that the railway transportation enterprise should pay more attention to the option strike price w1 in terms of maximizing system utility and achieving Pareto optimal.
نمط استشهاد جمعية علماء النفس الأمريكية (APA)
Guo, Jingwei& Xie, Zhongqi& Li, Qinglin. 2020. Stackelberg Game Model of Railway Freight Pricing Based on Option Theory. Discrete Dynamics in Nature and Society،Vol. 2020, no. 2020, pp.1-11.
https://search.emarefa.net/detail/BIM-1153276
نمط استشهاد الجمعية الأمريكية للغات الحديثة (MLA)
Guo, Jingwei…[et al.]. Stackelberg Game Model of Railway Freight Pricing Based on Option Theory. Discrete Dynamics in Nature and Society No. 2020 (2020), pp.1-11.
https://search.emarefa.net/detail/BIM-1153276
نمط استشهاد الجمعية الطبية الأمريكية (AMA)
Guo, Jingwei& Xie, Zhongqi& Li, Qinglin. Stackelberg Game Model of Railway Freight Pricing Based on Option Theory. Discrete Dynamics in Nature and Society. 2020. Vol. 2020, no. 2020, pp.1-11.
https://search.emarefa.net/detail/BIM-1153276
نوع البيانات
مقالات
لغة النص
الإنجليزية
الملاحظات
Includes bibliographical references
رقم السجل
BIM-1153276
قاعدة معامل التأثير والاستشهادات المرجعية العربي "ارسيف Arcif"
أضخم قاعدة بيانات عربية للاستشهادات المرجعية للمجلات العلمية المحكمة الصادرة في العالم العربي
تقوم هذه الخدمة بالتحقق من التشابه أو الانتحال في الأبحاث والمقالات العلمية والأطروحات الجامعية والكتب والأبحاث باللغة العربية، وتحديد درجة التشابه أو أصالة الأعمال البحثية وحماية ملكيتها الفكرية. تعرف اكثر