Research Article
Stackelberg Game Model of Railway Freight Pricing Based on Option Theory
| Notation | Descriptions |
| | Option price (unit capacity) | | Option strike price (unit capacity) | | Spot market freight rate (unit capacity) in time | | Probability density function of | | Distribution function of | N | Purchase amount of RFO | C | Unit capacity fixed cost | | Execution amount of RFO | | Capacity purchases amount through spot market | | Long-term preparation cost of transportation (unit capacity) | | Short-term preparation cost of transportation (unit capacity) | | Total capacity provided by railway freight transport | | Contract market capacity demand | | Spot market capacity demand | | Probability density function of freight demand | | Mean deviation | | Standard deviation |
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