2012
DOI: 10.1002/asmb.1937
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Real‐time road traffic forecasting using regime‐switching space‐time models and adaptive LASSO

Abstract: Smart transportation technologies require real-time traffic prediction to be both fast and scalable to full urban networks. We discuss a method that is able to meet this challenge while accounting for nonlinear traffic dynamics and space-time dependencies of traffic variables. Nonlinearity is taken into account by a union of non-overlapping linear regimes characterized by a sequence of temporal thresholds. In each regime, for each measurement location, a penalized estimation scheme, namely the adaptive absolut… Show more

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Cited by 100 publications
(56 citation statements)
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References 56 publications
(83 reference statements)
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“…In agreement with previous studies, it has been found that regularised methods perform well, due to their ability to simultaneously shrink and select variables. Of the three methods tested here, the LASSO exhibits the best performance, supporting the findings of (Kamarianakis et al, 2012), but is generally comparable with the MCP and SCAD. Due to the increased model parsimony offered by the MCP method, it is recommended that MCP is used where explanatory power is required in the model.…”
Section: Discussionsupporting
confidence: 75%
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“…In agreement with previous studies, it has been found that regularised methods perform well, due to their ability to simultaneously shrink and select variables. Of the three methods tested here, the LASSO exhibits the best performance, supporting the findings of (Kamarianakis et al, 2012), but is generally comparable with the MCP and SCAD. Due to the increased model parsimony offered by the MCP method, it is recommended that MCP is used where explanatory power is required in the model.…”
Section: Discussionsupporting
confidence: 75%
“…Nonzero elements can be viewed as conditionally independent and remain in the model. In a related approach, (Kamarianakis et al, 2012) used the least absolute shrinkage and selection operator (LASSO) to estimate a time varying threshold regression model, tailored to different traffic states. The aforementioned approaches do not make assumptions about the nature of the spatio-temporal relationship between locations, instead learning it from the data.…”
Section: Space-time Forecastingmentioning
confidence: 99%
“…GWR has been applied widely to various spatially oriented issues, including water quality [37,38], forestry [39], economics [40,41], remote sensing [42], and urban studies [43]. According to Nunes et al [44], GWR can improve forest fire regime predictions by considering regression as a non-stationary spatial process.…”
Section: Introductionmentioning
confidence: 99%
“…It indicates that not all of these spatiotemporal variables are predictive or informative in terms of traffic flow forecasting at target site. 19,21 Directly fitting an LSSVR model to the traffic data including much redundant and/or noisy information will dramatically increase the complexity of forecasting model. Consequently, it may lead to overfitting and thus influence the effectiveness of model.…”
Section: Intelligent Transportation System (Its)mentioning
confidence: 99%
“…On the whole, 10 sites are related to the target site 21 besides itself, which are 5,7,8,11,13,14,18,19,23, and 24. Among them, sites 8, 11, and 23 contribute to the target site 21 as the role of direct upstream sites.…”
Section: Interpretation Of Spatiotemporal Variablesmentioning
confidence: 99%