How uncertainty in socio-economic variables affects large-scale transport model forecasts

Astrategic task assigned to large-scale transport models is to forecast the demand for transport over long periods of time to assess transport projects. However, by modelling complex systems transport models have an inherent uncertainty which increases over time. As a consequence, the longer the per...

Full description

Bibliographic Details
Main Authors: Stefano Manzo, Otto Anker Nielsen, Carlo Giacomo Prato
Format: Article
Language:English
Published: TU Delft OPEN Publishing 2015-06-01
Series:European Journal of Transport and Infrastructure Research
Online Access:https://journals.open.tudelft.nl/ejtir/article/view/3080
_version_ 1827158973339402240
author Stefano Manzo
Otto Anker Nielsen
Carlo Giacomo Prato
author_facet Stefano Manzo
Otto Anker Nielsen
Carlo Giacomo Prato
author_sort Stefano Manzo
collection DOAJ
description Astrategic task assigned to large-scale transport models is to forecast the demand for transport over long periods of time to assess transport projects. However, by modelling complex systems transport models have an inherent uncertainty which increases over time. As a consequence, the longer the period forecasted the less reliable is the forecasted model output. Describing uncertainty propagation patterns over time is therefore important in order to provide complete information to the decision makers. Among the existing literature only few studies analyze uncertainty propagation patterns over time, especially with respect to large-scale transport models. The study described in this paper contributes to fill the gap by investigating the effects of uncertainty in socio-economic variables growth rate projections on large-scale transport model forecasts, using the Danish National Transport Model as a case study. Population, gross domestic product, employment, and fuel prices were analyzed to quantify their uncertainty for 5 year intervals over a period of 15 years. The output of this procedure was then used to implement model sensitivity tests. The results from the model sensitivity tests showed how the model output uncertainty grows over time, reflecting the increase in the uncertainty of the model variables. Furthermore, the resulting uncertainty temporal pattern was neither linear nor similar for the different model outputs investigated. This highlights the importance of investigating uncertainty for different model outputs, and also that a dynamic approach is required whenever the model has to provide mid-long time period forecasts.
first_indexed 2024-03-09T08:43:06Z
format Article
id doaj.art-b065a6eaf2e2480eb068aba08bdc4a16
institution Directory Open Access Journal
issn 1567-7141
language English
last_indexed 2025-03-20T23:49:44Z
publishDate 2015-06-01
publisher TU Delft OPEN Publishing
record_format Article
series European Journal of Transport and Infrastructure Research
spelling doaj.art-b065a6eaf2e2480eb068aba08bdc4a162024-08-03T12:24:53ZengTU Delft OPEN PublishingEuropean Journal of Transport and Infrastructure Research1567-71412015-06-0115310.18757/ejtir.2015.15.3.30802693How uncertainty in socio-economic variables affects large-scale transport model forecastsStefano Manzo0Otto Anker Nielsen1Carlo Giacomo Prato2Technical University of DenmarkTechnical University of DenmarkTechnical University of DenmarkAstrategic task assigned to large-scale transport models is to forecast the demand for transport over long periods of time to assess transport projects. However, by modelling complex systems transport models have an inherent uncertainty which increases over time. As a consequence, the longer the period forecasted the less reliable is the forecasted model output. Describing uncertainty propagation patterns over time is therefore important in order to provide complete information to the decision makers. Among the existing literature only few studies analyze uncertainty propagation patterns over time, especially with respect to large-scale transport models. The study described in this paper contributes to fill the gap by investigating the effects of uncertainty in socio-economic variables growth rate projections on large-scale transport model forecasts, using the Danish National Transport Model as a case study. Population, gross domestic product, employment, and fuel prices were analyzed to quantify their uncertainty for 5 year intervals over a period of 15 years. The output of this procedure was then used to implement model sensitivity tests. The results from the model sensitivity tests showed how the model output uncertainty grows over time, reflecting the increase in the uncertainty of the model variables. Furthermore, the resulting uncertainty temporal pattern was neither linear nor similar for the different model outputs investigated. This highlights the importance of investigating uncertainty for different model outputs, and also that a dynamic approach is required whenever the model has to provide mid-long time period forecasts.https://journals.open.tudelft.nl/ejtir/article/view/3080
spellingShingle Stefano Manzo
Otto Anker Nielsen
Carlo Giacomo Prato
How uncertainty in socio-economic variables affects large-scale transport model forecasts
European Journal of Transport and Infrastructure Research
title How uncertainty in socio-economic variables affects large-scale transport model forecasts
title_full How uncertainty in socio-economic variables affects large-scale transport model forecasts
title_fullStr How uncertainty in socio-economic variables affects large-scale transport model forecasts
title_full_unstemmed How uncertainty in socio-economic variables affects large-scale transport model forecasts
title_short How uncertainty in socio-economic variables affects large-scale transport model forecasts
title_sort how uncertainty in socio economic variables affects large scale transport model forecasts
url https://journals.open.tudelft.nl/ejtir/article/view/3080
work_keys_str_mv AT stefanomanzo howuncertaintyinsocioeconomicvariablesaffectslargescaletransportmodelforecasts
AT ottoankernielsen howuncertaintyinsocioeconomicvariablesaffectslargescaletransportmodelforecasts
AT carlogiacomoprato howuncertaintyinsocioeconomicvariablesaffectslargescaletransportmodelforecasts