A Theory Approach towards Tradable Rail Freight Option

For railway freight pricing, this paper proposes a new tradable rail freight option (RFO). A multiphase trigeminal tree pricing model is established to analyze the optimal pricing decision of RFO. The main parameters of the model are identified theoretically through nonparametric Ito stochastic appr...

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Bibliographic Details
Main Authors: Jingwei Guo, Lutian Li, Ji Zhang, Qi Shen, Zhongqi Xie, Qinglin Li
Format: Article
Language:English
Published: Hindawi Limited 2021-01-01
Series:Discrete Dynamics in Nature and Society
Online Access:http://dx.doi.org/10.1155/2021/6661425