AUTHOR=Wu Hao , Levinson David TITLE=Ensemble Models of For-Hire Vehicle Trips JOURNAL=Frontiers in Future Transportation VOLUME=3 YEAR=2022 URL=https://www.frontiersin.org/journals/future-transportation/articles/10.3389/ffutr.2022.876880 DOI=10.3389/ffutr.2022.876880 ISSN=2673-5210 ABSTRACT=
Ensemble forecasting is class of modeling approaches that combines different data sources, models of different types, with different assumptions, and/or pattern recognition methods. By comprehensively pooling information from multiple sources, analyzed with different techniques, ensemble models can be more accurate, and can better account for different sources of real-world uncertainties. The share of for-hire vehicle (FHV) trips increased rapidly in recent years. This paper applies ensemble models to predicting for-hire vehicle (FHV) trips in Chicago and New York City, showing that properly applied ensemble models can improve forecast accuracy beyond the best single model.