2003
DOI: 10.3141/1857-09
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Forecasting Traffic Flow Conditions in an Urban Network: Comparison of Multivariate and Univariate Approaches

Abstract: Several univariate and multivariate models have been proposed for performing short-term forecasting of traffic flow. Two different univariate [historical average and ARIMA (autoregressive integrated moving average)] and two multivariate [VARMA (vector autoregressive moving average) and STARIMA (space–time ARIMA)] models are presented and discussed. A comparison of the forecasting performance of these four models is undertaken with data sets from 25 loop detectors located in major arterials in the city of Athen… Show more

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Cited by 331 publications
(172 citation statements)
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“…It is also not shown how these models can be generalized to work for arbitrary road network topologies and more complex correlation structure. Existing multivariate parametric traffic prediction models [41], [42] do not quantify uncertainty estimates of the predictions and impose rigid spatial locality assumptions that do not adapt to the true underlying correlation structure.…”
Section: Related Work a Models For Predicting Spatiotemporallymentioning
confidence: 99%
“…It is also not shown how these models can be generalized to work for arbitrary road network topologies and more complex correlation structure. Existing multivariate parametric traffic prediction models [41], [42] do not quantify uncertainty estimates of the predictions and impose rigid spatial locality assumptions that do not adapt to the true underlying correlation structure.…”
Section: Related Work a Models For Predicting Spatiotemporallymentioning
confidence: 99%
“…The framework also allows the analyst to control the degree of data abstraction and generalisation and achieve a suitable trade-off between the model quality and model complexity, i.e., the number of different statistical models that represent the entire spatio-temporal variation. Kamarianakis and Prastacos (2003) compared several methods for modelling spatio-temporal data and found that a global spatio-temporal model does not necessarily perform better than a set of local temporal models. One of the arguments in favour of a global model was the excessive computational time needed for building multiple local models in case of a very large dataset.…”
Section: Discussionmentioning
confidence: 99%
“…The related work in vehicular mobility prediction comes from the two main communities, i.e., the transportation system community [1], [2], [9], [22] and the vehicular networking community [13], [14]. From the first community, some works investigate the vehicular behavior prediction in terms of trajectories and routes [1], [6]- [9], [22].…”
Section: Related Workmentioning
confidence: 99%
“…of the resource of networks of roads and transportation systems, becomes a hot research topic that attracts broad interests [2]. On the other hand, newly emerged vehicular communication networks are seen as a key technology to help in relieving the traffic congestion and improving road safety, by building intelligent transportation systems [3]- [5].…”
mentioning
confidence: 99%