Deep Multi-View Spatial-Temporal Network for Taxi Demand Prediction
Huaxiu Yao, Fei Wu, Jintao Ke, Xianfeng Tang, Yitian Jia, Siyu Lu,, Pinghua Gong, Jieping Ye, Zhenhui Li

TL;DR
This paper introduces DMVST-Net, a deep learning framework that models spatial, temporal, and semantic relations to improve taxi demand prediction accuracy in smart cities.
Contribution
The paper proposes a novel multi-view deep learning model that simultaneously captures spatial, temporal, and semantic dependencies in taxi demand data.
Findings
Outperforms existing methods on real-world taxi demand data
Effectively models complex non-linear spatial-temporal relations
Demonstrates significant accuracy improvements in demand forecasting
Abstract
Taxi demand prediction is an important building block to enabling intelligent transportation systems in a smart city. An accurate prediction model can help the city pre-allocate resources to meet travel demand and to reduce empty taxis on streets which waste energy and worsen the traffic congestion. With the increasing popularity of taxi requesting services such as Uber and Didi Chuxing (in China), we are able to collect large-scale taxi demand data continuously. How to utilize such big data to improve the demand prediction is an interesting and critical real-world problem. Traditional demand prediction methods mostly rely on time series forecasting techniques, which fail to model the complex non-linear spatial and temporal relations. Recent advances in deep learning have shown superior performance on traditionally challenging tasks such as image classification by learning the complex…
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Taxonomy
TopicsTraffic Prediction and Management Techniques · Transportation Planning and Optimization · Human Mobility and Location-Based Analysis
