Research

Spatio-temporal supply-demand forecasting

Short-term passenger demand forecasting is of great importance to the on-demand ride service platform, which can encourage vacant cars moving from over-supply regions to over-demand regions. The spatial dependencies, temporal dependencies, and exogenous dependencies need to be considered simultaneously, however, which makes short-term passenger demand forecasting challenging. We propose a novel deep learning (DL) approach, named the fusion convolutional long short-term memory network (FCL-Net), to address these three dependencies within one end-to-end learning architecture. The model is stacked and fused by multiple convolutional long short-term memory (LSTM) layers, standard LSTM layers, and convolutional layers. The fusion of convolutional techniques and the LSTM network enables the proposed DL approach to better capture the spatio-temporal characteristics and correlations of explanatory variables.