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Outline

Data driven public transportation delay modelling

“TOPICAL ISSUES OF THERMOPHYSICS, ENERGETICS AND HYDROGASDYNAMICS IN THE ARCTIC CONDITIONS”: Dedicated to the 85th Birthday Anniversary of Professor E. A. Bondarev

https://doi.org/10.1063/5.0100971

Abstract

Modelling public transportation delays is crucial for building efficient and modern city infrastructure. It is directly related to passenger behavior and satisfaction, as well as to pollution, traffic jams and sustainable development. In this paper we focus on use of jump diffusion processes in analyzing delays. We believe that such an approach is better suited for handling all factors that affect transportation and can also be used to successfully model not only the absolute time spans of waiting times, but also disproportionally large economic impact of huge delays. Our model is tested with real world data and application of obtained results is discussed.

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