Ebike Sharing vs. Bike Sharing: Demand Prediction Using Deep Neural Networks and Random Forests

Maren Schnieder ()
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Maren Schnieder: Faculty of Business and Law, Anglia Ruskin University, Cambridge CB1 1PT, UK

Sustainability, 2023, vol. 15, issue 18, 1-15

Abstract: Background: Conventional bike sharing systems are frequently adding electric bicycles. A major question now arises: Does the bike sharing system have a sufficient number of ebikes available, and are there customers who prefer to use an ebike even though none are available? Methods: Trip data from three different bike sharing systems (Indego in Philadelphia, Santander Cycles in London, and Metro in Los Angeles and Austin) have been used in this study. To determine if an ebike was available at the station when a customer departed, an algorithm was created. Using only those trips that departed while an ebike was available, a random forest classifier and deep neural network classifier were used to predict whether the trip was completed with an ebike or not. These models were used to predict the potential demand for ebikes at times when no ebikes were available. Results: For the system with the highest prediction accuracy, Santander Cycles in London, between 21% and 27% of the trips were predicted to have used an ebike if one had been available. The most important features were temperature, distance, wind speed, and altitude difference. Conclusion: The prediction methods can help bike sharing operators to estimate the current demand for ebikes.

Keywords: bike sharing; electric bike sharing; electric bike; ebike sharing; machine learning; tensorflow; random forest; deep neural network; demand prediction (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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