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Evaluating public transport efficiency with neural network models

Title
Evaluating public transport efficiency with neural network models
Type
Article in International Scientific Journal
Year
1997
Authors
Álvaro Costa
(Author)
FEUP
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Markellos, RN
(Author)
Other
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Journal
Vol. 5 No. 5
Pages: 301-312
ISSN: 0968-090X
Publisher: Elsevier
Other information
Authenticus ID: P-001-AN8
Abstract (EN): This paper is concerned with measuring performance of public transport services based on the concept of productive efficiency. A new nonparametric approach is proposed based on multi-layer perceptron neural networks (MLPs). The advantages and limitations of this approach are discussed and compared with those of mathematical programming and econometric techniques. The MLP is used, along with data envelopment analysis (DEA) and corrected least squares (COLS), to set out comparative annual efficiency measures for the London Underground, for the period 1970 to 1994. It is argued that the MLP approach is superior to traditionally applied techniques since it is both nonparametric and stochastic and offers greater flexibility. Finally, it is demonstrated that the proposed MLP efficiency analysis has important practical implications for decision making.
Language: English
Type (Professor's evaluation): Scientific
No. of pages: 12
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