1. A District-Centric Attention Mechanism Approach for Online Ride-Hailing Demand Forecasting
- Author
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Ghazalak Eslami and Foad Ghaderi
- Subjects
Ride-hailing services ,demand prediction ,attention mechanisms ,district-centric approch ,Electrical engineering. Electronics. Nuclear engineering ,TK1-9971 - Abstract
The increasing popularity of ride-hailing services has led to a growing need for optimal utilization of resources and minimization of passenger wait times. A major prerequisite for this goal is to develop accurate taxi demand prediction models. In this study, we propose a novel approach for district-centric online taxi demand prediction. We first used historical data and Pearson coefficient to identify correlated districts. In order to dynamically weight the importance of related districts, we utilized an architecture which is based on attention mechanism. Next, for demand prediction in each district we used an LSTM network and finally to refine the prediction models we used the Gradient Boosting algorithm. To evaluate the effectiveness of our approach, we leverage the real data of Snapp!, a ride-hailing service in Iran. Results confirm that the proposed model outperforms the state-of-the-art methods in terms of prediction error.
- Published
- 2024
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