A New Type of Discrete Self-Decomposability and Its Application to Continuous-Time Markov Processes for Modeling Count Data Time Series

2003 ◽  
Vol 19 (2) ◽  
pp. 235-254 ◽  
Author(s):  
Rong Zhu* ◽  
Harry Joe
2017 ◽  
Vol 20 (2) ◽  
pp. 589-609 ◽  
Author(s):  
Tobias A. Möller ◽  
Christian H. Weiß ◽  
Hee-Young Kim ◽  
Andrei Sirchenko

2021 ◽  
Author(s):  
Yu Miao ◽  
Bowen Cai ◽  
Tao Li

Abstract Traffic crash prediction is vital for relevant agencies to take precautionary measures to minimize the economic and social losses from traffic accidents. Currently, the popularity of machine learning, deep learning, and traditional regression-based models in crash predictions eclipsed the use of count data time series models. Count data model has many intrinsic advantages over machine learning based methods in crash analysis. It is an extension of conventional time series regression by extending normal distribution to Poisson and Negative binomial. Meanwhile, covariate variables can get properly incorporated and their influence on dependent variable is well interpreted. This study attempts to compare and examine the performances of the count data time series model with the regression-based models in hourly crash prediction, utilizing traffic crash data from the Sutong Yangtze River Bridge in China. Log linear extension of Poisson distribution integer valued generalized autoregressive conditional heteroscedasticity models (INGARCH), as a type of count data model, is adopted and compared with the zero-inflated Poisson model (ZIP), as well as the cumulative link model for ordinal regression (CLM). The performances of ZIP and log linear extension of INGARCH count data model are similar and superior to the performances of CLM. Results showed that previous traffic accidents influence the crash occurrence in the near future and the employment of count data time series model in hourly crash prediction can appropriately capture this influence, with an average model sensitivity rate of 77.5%.


2018 ◽  
Vol 31 (3) ◽  
pp. 439-452
Author(s):  
O. Arda Vanli ◽  
Rupert Giroux ◽  
Eren Erman Ozguven ◽  
Joseph J. Pignatiello

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