Study on an Intelligent Prediction Method of Ticket Price in a Subway System with Public-Private Partnership

The accurate and rapid prediction of ticket prices for a public-private partnership (PPP) subway system, which is an important research topic in the field of civil engineering management, is of critical importance to ensure its smooth operation. To effectively cope with the effects of multiple influ...

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Main Authors: Shengmin Wang, Jun Fang, Lanjun Liu, Han Wu
Format: Article
Language:English
Published: Wiley 2021-01-01
Series:Complexity
Online Access:http://dx.doi.org/10.1155/2021/6623485
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author Shengmin Wang
Jun Fang
Lanjun Liu
Han Wu
author_facet Shengmin Wang
Jun Fang
Lanjun Liu
Han Wu
author_sort Shengmin Wang
collection DOAJ
description The accurate and rapid prediction of ticket prices for a public-private partnership (PPP) subway system, which is an important research topic in the field of civil engineering management, is of critical importance to ensure its smooth operation. To effectively cope with the effects of multiple influencing factors and strong nonlinearity among them, the mean impact value (MIV) method and the back-propagation (BP) feed-forward neural network improved by the sparrow search algorithm (SSA) are used in this study to develop an intelligent prediction model. First, we considered the relationship of the supply and the subway system service, which is a typical quasi-public product, and analyzed the relevant factors affecting its price adjustment. Then, we developed an intelligent method for the prediction of ticket prices based on the SSA-BP. This model not only makes full use of the powerful nonlinear modeling ability of the BP algorithm, but also takes advantage of the strong optimization ability and fast convergence speed of the SSA. Finally, this study screened out the key input factors by adopting the MIV method to simplify the structure of the BP algorithm and achieve a high prediction accuracy. In this study, Beijing Subway Line 4, Wuhan Metro Line 2, and Chengdu Metro Line 1 were selected as case study sites. The results showed that the linear correlations between influencing factors and ticket price for the PPP subway system service were weak, which indicated the need for using nonlinear analysis methods such as the BP algorithm. Compared with other prediction methods (the price adjustment method based on PPP contract, the traditional BP algorithm, the BP neural network improved by the genetic algorithm, the BP algorithm improved by the particle swarm optimization, and the support vector machine), the model proposed in this paper showed better prediction accuracy and calculation stability.
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spelling doaj-art-3cefe311ed5e4f0fbd63f4a1abf234932025-02-03T01:24:47ZengWileyComplexity1076-27871099-05262021-01-01202110.1155/2021/66234856623485Study on an Intelligent Prediction Method of Ticket Price in a Subway System with Public-Private PartnershipShengmin Wang0Jun Fang1Lanjun Liu2Han Wu3School of Civil Engineering and Architecture, Wuhan University of Technology, Wuhan 430070, ChinaSchool of Civil Engineering and Architecture, Wuhan University of Technology, Wuhan 430070, ChinaSchool of Civil Engineering and Architecture, Wuhan University of Technology, Wuhan 430070, ChinaSchool of Civil Engineering and Architecture, Wuhan University of Technology, Wuhan 430070, ChinaThe accurate and rapid prediction of ticket prices for a public-private partnership (PPP) subway system, which is an important research topic in the field of civil engineering management, is of critical importance to ensure its smooth operation. To effectively cope with the effects of multiple influencing factors and strong nonlinearity among them, the mean impact value (MIV) method and the back-propagation (BP) feed-forward neural network improved by the sparrow search algorithm (SSA) are used in this study to develop an intelligent prediction model. First, we considered the relationship of the supply and the subway system service, which is a typical quasi-public product, and analyzed the relevant factors affecting its price adjustment. Then, we developed an intelligent method for the prediction of ticket prices based on the SSA-BP. This model not only makes full use of the powerful nonlinear modeling ability of the BP algorithm, but also takes advantage of the strong optimization ability and fast convergence speed of the SSA. Finally, this study screened out the key input factors by adopting the MIV method to simplify the structure of the BP algorithm and achieve a high prediction accuracy. In this study, Beijing Subway Line 4, Wuhan Metro Line 2, and Chengdu Metro Line 1 were selected as case study sites. The results showed that the linear correlations between influencing factors and ticket price for the PPP subway system service were weak, which indicated the need for using nonlinear analysis methods such as the BP algorithm. Compared with other prediction methods (the price adjustment method based on PPP contract, the traditional BP algorithm, the BP neural network improved by the genetic algorithm, the BP algorithm improved by the particle swarm optimization, and the support vector machine), the model proposed in this paper showed better prediction accuracy and calculation stability.http://dx.doi.org/10.1155/2021/6623485
spellingShingle Shengmin Wang
Jun Fang
Lanjun Liu
Han Wu
Study on an Intelligent Prediction Method of Ticket Price in a Subway System with Public-Private Partnership
Complexity
title Study on an Intelligent Prediction Method of Ticket Price in a Subway System with Public-Private Partnership
title_full Study on an Intelligent Prediction Method of Ticket Price in a Subway System with Public-Private Partnership
title_fullStr Study on an Intelligent Prediction Method of Ticket Price in a Subway System with Public-Private Partnership
title_full_unstemmed Study on an Intelligent Prediction Method of Ticket Price in a Subway System with Public-Private Partnership
title_short Study on an Intelligent Prediction Method of Ticket Price in a Subway System with Public-Private Partnership
title_sort study on an intelligent prediction method of ticket price in a subway system with public private partnership
url http://dx.doi.org/10.1155/2021/6623485
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AT hanwu studyonanintelligentpredictionmethodofticketpriceinasubwaysystemwithpublicprivatepartnership