Evaluating public transport performance with neural networks

• Type: Article in International Scientific Journal
• Date: 1997

Authors

Álvaro Costa (Author) FEUP; Raphael Markellos (Author) Other

Journal

Title: Transportation Research, Part C: Emerging Technologies

Vol. 5 No. 5

Pages: 301-312

ISSN: 0968-090X

Publisher: Elsevier

Indexing

ISI Proceedings

Scopus

Scientific classification

FOS: Engineering and technology > Civil engineering

CORDIS: Physical sciences > Computer science > Systems design > Neural networks ; Social sciences > Economics > Management studies > Transport management

Other information

DOI: ISSN 0968090X

Abstract (EN): The 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). Tha 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 efficiency measures for the London Underground, for the period 1970 to 1974. It is argued that the MLP approach is superior to traditionally applied techniques since it is both nonparametric and stochastic and offers greater flexibility. Finnaly, it is demonstrated that the proposed MLP efficiency analysis has important practical implications for decision making.

Language: English

Type (Professor's evaluation): Scientific

Notes: References: Costa, Á., Public transport efficiency and effectiveness: Metro de Madrid (1996) European Transport Analysis and Policies, , ed. K. Button, P., Nijkam and H. Priemus. Edward Elgar, Cheltenham, fourthcoming; Deboeck, G.J., Cader, M., Pre- and postprocessing of financial data (1994) Trading on the, pp. 27-44. , Wiley, New York; Dougherty, M., A review of neural networks applied to transport (1995) Transportation Research, 3 C, pp. 247-260; Efron, B., Tibshirani, R.J., (1193) An Introduction to the Bootstrap, , Chapman and Hall, London; Fielding, G.J., Babitsky, T., Brenner, M., Performance evaluation for bus transit (1993) Transportation Research, 19 A, pp. 73-82; Fried, H.O., Lovell, C.A., Schmidt, S.S., (1993) The Measurement of Productive Efficiency, , Oxford University Press, Oxford; Fu, L.M., (1994) Neural Networks in Computer Intelligence, , McGraw Hill, New York; Ganley, J., Cubbin, J., (1992) Public Sector Efficiency Measurement: Applications of Data Envelopment Analysis, , Elsevier; Gathon, H.J., Indicators of partial productivity and technical efficiency in the european urban transit sector (1989) Annals of Public and Cooperative Economics, 60, pp. 43-59; Hipel, K.W., McLeod, A.I., (1993) Time Series Modelling of Water Resources and Environmental Systems, , Elsevier, Amsterdam; Hornik, K., Stinchcombe, M., White, H., Universal approximation of an unknown mapping and its derivatives using multi-layer feedforward networks (1990) Neural Networks, 3, pp. 535-549; Jondrow, J., Lovell, C.A.K., Materov, I.S., Schmidt, P., On the estimation of technical inefficiency in the stochastic frontier production function model (1982) Journal of Econometrics, 19, pp. 233-238; Lovell, C.A., Production frontiers and productive efficiency (1993) The Measurement of Productive Efficiency, pp. 3-67. , ed. H. O. Fried, C. A. Lovell and S. S. Schmidt, Oxford University Press, Oxford; Markellos, R.N., Mills, T.C., Siriopoulos, C., (1996) Handbook of Neural Network Analysis with EXPO/NeuralNet™, , LMT, Cambridge, MA; Ostaszewski, A., (1993) Mathematics in Economics, , Blackwell, Oxford; Ripley, B.D., Statistical aspects of neural networks (1993) Networks and Chaos - Statistical and Probabilistic Aspects, pp. 40-123. , ed. O. E. Barndorff-Nielsen, J. L. Jensen, and W. S. Kendall, Chapman and Hall, London; Schwartz, G., Estimating the Dimension of a Model (1978) Annals of Statistics, 6, pp. 461-464; Smith, M., (1993) Neural Networks for Statistical Modelling, , Van Nostrand Reinold, New York; Weyman-Jones, T., Productive efficiency in a regulated industry (1991) Energy Economics, 2, pp. 116-122

No. of pages: 12