scholarly journals A Special Event-Based K-Nearest Neighbor Model for Short-Term Traffic State Prediction

IEEE Access ◽  
2019 ◽  
Vol 7 ◽  
pp. 81717-81729 ◽  
Author(s):  
Haiyang Yu ◽  
Nan Ji ◽  
Yilong Ren ◽  
Can Yang
Keyword(s):  
Nearest Neighbor ◽  
K Nearest Neighbor ◽  
Short Term ◽  
Special Event ◽  
Traffic State ◽  
State Prediction ◽  
Event Based

Determinants of rental strategy: short-term vs long-term rental strategy

2020 ◽  
Vol 13 (12) ◽  
pp. 3873-3894
Author(s):  
Sina Shokoohyar ◽  
Ahmad Sobhani ◽  
Anae Sobhani
Keyword(s):  
Nearest Neighbor ◽  
Performance Metrics ◽  
Sharing Economy ◽  
Real Estate Market ◽  
Support Vector ◽  
Attractive Alternative ◽  
K Nearest Neighbor ◽  
Short Term ◽  
Content Type

Purpose Short-term rental option enabled via accommodation sharing platforms is an attractive alternative to conventional long-term rental. The purpose of this study is to compare rental strategies (short-term vs long-term) and explore the main determinants for strategy selection. Design/methodology/approach Using logistic regression, this study predicts the rental strategy with the highest rate of return for a given property in the City of Philadelphia. The modeling result is then compared with the applied machine learning methods, including random forest, k-nearest neighbor, support vector machine, naïve Bayes and neural networks. The best model is finally selected based on different performance metrics that determine the prediction strength of underlying models. Findings By analyzing 2,163 properties, the results show that properties with more bedrooms, closer to the historic attractions, in neighborhoods with lower minority rates and higher nightlife vibe are more likely to have a higher return if they are rented out through short-term rental contract. Additionally, the property location is found out to have a significant impact on the selection of the rental strategy, which emphasizes the widely known term of “location, location, location” in the real estate market. Originality/value The findings of this study contribute to the literature by determining the neighborhood and property characteristics that make a property more suitable for the short-term rental vs the long-term one. This contribution is extremely important as it facilitates differentiating the short-term rentals from the long-term rentals and would help better understanding the supply-side in the sharing economy-based accommodation market.

Use of Local Linear Regression Model for Short-Term Traffic Forecasting

2003 ◽  
Vol 1836 (1) ◽  
pp. 143-150 ◽  
Author(s):  
Hongyu Sun ◽  
Henry X. Liu ◽  
Heng Xiao ◽  
Rachel R. He ◽  
Bin Ran
Keyword(s):  
Linear Regression ◽  
Regression Model ◽  
Linear Regression Model ◽  
Nearest Neighbor ◽  
Time Of Day ◽  
Local Linear Regression ◽  
K Nearest Neighbor ◽  
Short Term ◽  
Traffic Forecasting ◽  
Local Linear

The traffic-forecasting model, when considered as a system with inputs of historical and current data and outputs of future data, behaves in a nonlinear fashion and varies with time of day. Traffic data are found to change abruptly during the transition times of entering and leaving peak periods. Accurate and real-time models are needed to approximate the nonlinear time-variant functions between system inputs and outputs from a continuous stream of training data. A proposed local linear regression model was applied to short-term traffic prediction. The performance of the model was compared with previous results of nonparametric approaches that are based on local constant regression, such as the k-nearest neighbor and kernel methods, by using 32-day traffic-speed data collected on US-290, in Houston, Texas, at 5-min intervals. It was found that the local linear methods consistently showed better performance than the k-nearest neighbor and kernel smoothing methods.

scholarly journals Short-Term Traffic State Prediction Based on Mobile Edge Computing in V2X Communication

2021 ◽  
Vol 11 (23) ◽  
pp. 11530
Author(s):  
Pangwei Wang ◽  
Xiao Liu ◽  
Yunfeng Wang ◽  
Tianren Wang ◽  
Juan Zhang
Keyword(s):  
Neural Network ◽  
Real Time ◽  
Edge Computing ◽  
Mobile Edge Computing ◽  
Short Term ◽  
Spatiotemporal Features ◽  
Traffic State ◽  
State Prediction ◽  
Comparison Results ◽  
Perception System

Real-time and reliable short-term traffic state prediction is one of the most critical technologies in intelligent transportation systems (ITS). However, the traffic state is generally perceived by single sensor in existing studies, which is difficult to satisfy the requirement of real-time prediction in complex traffic networks. In this paper, a short-term traffic prediction model based on complex neural network is proposed under the environment of vehicle-to-everything (V2X) communication systems. Firstly, a traffic perception system of multi-source sensors based on V2X communication is proposed and designed. A mobile edge computing (MEC)-assisted architecture is then introduced in a V2X network to facilitate perceptual and computational abilities of the system. Moreover, the graph convolutional network (GCN), the gated recurrent unit (GRU), and the soft-attention mechanism are combined to extract spatiotemporal features of traffic state and integrate them for future prediction. Finally, an intelligent roadside test platform is demonstrated for perception and computation of real-time traffic state. The comparison experiments show that the proposed method can significantly improve the prediction accuracy by comparing with the existing neural network models, which consider one of the spatiotemporal features. In particular, for comparison results of the traffic state prediction and the error value of root mean squared error (RMSE) is reduced by 39.53%, which is the greatest reduction in error occurrences by comparing with the GCN and GRU models in 5, 10, 15 and 30 minutes respectively.

scholarly journals Short-Term Traffic Volume Forecasting with Asymmetric Loss Based on Enhanced KNN Method

2019 ◽  
Vol 2019 ◽  
pp. 1-11
Author(s):  
Zhiyuan Wang ◽  
Shouwen Ji ◽  
Bowen Yu
Keyword(s):  
Euclidean Distance ◽  
Intelligent Transportation System ◽  
Nearest Neighbor ◽  
Mean Squared Error ◽  
Essential Elements ◽  
Traffic Volume ◽  
K Nearest Neighbor ◽  
Short Term ◽  
Traffic Condition ◽  
Asymmetric Loss

Short-term traffic volume forecasting is one of the most essential elements in Intelligent Transportation System (ITS) by providing prediction of traffic condition for traffic management and control applications. Among previous substantial forecasting approaches, K nearest neighbor (KNN) is a nonparametric and data-driven method popular for conciseness, interpretability, and real-time performance. However, in previous related researches, the limitations of Euclidean distance and forecasting with asymmetric loss have rarely been focused on. This research aims to fill up these gaps. This paper reconstructs Euclidean distance to overcome its limitation and proposes a KNN forecasting algorithm with asymmetric loss. Correspondingly, an asymmetric loss index, Imbalanced Mean Squared Error (IMSE), has also been proposed to test the effectiveness of newly designed algorithm. Moreover, the effect of Loess technique and suitable parameter value of dynamic KNN method have also been tested. In contrast to the traditional KNN algorithm, the proposed algorithm reduces the IMSE index by more than 10%, which shows its effectiveness when the cost of forecasting residual direction is notably different. This research expands the applicability of KNN method in short-term traffic volume forecasting and provides an available approach to forecast with asymmetric loss.

Sign in / Sign up

Export Citation Format

Share Document