Using machine learning for direct demand modeling of ridesourcing services in Chicago
Xiang Yan,
Xinyu Liu and
Xilei Zhao
Journal of Transport Geography, 2020, vol. 83, issue C
Abstract:
The exponential growth of ridesourcing services has been disrupting the transportation sector and changing how people travel. As ridesourcing continues to grow in popularity, being able to accurately predict the demand for it is essential for effective land-use and transportation planning and policymaking. Using recently released trip-level ridesourcing data in Chicago along with a range of variables obtained from publicly available data sources, we applied random forest, a widely-applied machine learning technique, to estimate a zone-to-zone (census tract) direct demand model for ridesourcing services. Compared to the traditional multiplicative models, the random forest model had a better model fit and achieved much higher predictive accuracy. We found that socioeconomic and demographic variables collectively contributed the most (about 50%) to the predictive power of the random forest model. Travel impedance, the built-environment characteristics, and the transit-supply-related variables are also indispensable in ridesourcing demand prediction.
Keywords: Ridesourcing; Travel demand; Random forest; Machine learning; Direct demand model (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (27)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0966692320300053
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:jotrge:v:83:y:2020:i:c:s0966692320300053
DOI: 10.1016/j.jtrangeo.2020.102661
Access Statistics for this article
Journal of Transport Geography is currently edited by Frank Witlox
More articles in Journal of Transport Geography from Elsevier
Bibliographic data for series maintained by Catherine Liu ().