5 research outputs found
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Modeling Urban Venue Dynamics through Spatio-Temporal Metrics and Complex Networks
The ubiquity of GPS-enabled devices, mobile applications, and intelligent transportation systems have enabled opportunities to model the world at an unprecedented scale. Urban environments, in particular, have benefited from new data sources that provide granular representations of activities across space and time. As cities experienced a rise in urbanization, they also faced challenges in managing vehicle levels, congestion, and public transportation systems. Modeling these fast-paced changes through rich data from sources such as taxis, bikes, and trains has enabled prediction models capable of characterizing trends and forecasting future changes. Data-driven studies of urban mobility dynamics have been instrumental in helping deliver more contextual services to cities, support urban policy, and inform business decisions. This dissertation explores how novel algorithmic architectures and techniques reveal and predict business trends and urban development patterns.
The research informing this dissertation harnesses principles from network science, modeling cities as connected networks of venues. Building upon a foundation of research in complex network theory, urban computing, and machine learning, we propose algorithms tailored for three computing tasks focused on modeling venue dynamics, characteristics, and trends. First, we predict the demand for newly opened businesses using insights from movement patterns across different regions of the city. Through this analysis we demonstrate how temporally similar areas can be successfully used as inputs to predict the visitation patterns of new venues. Next, we forecast the likelihood of business failure through a supervised learning model. We analyze the value of varying features in predicting business failure and explore their impact across new and established venues and across different cities worldwide. Finally, we present a deep learning architecture which integrates both spatial and topological features to predict the future demand for a venue. These works highlight the power of complex network measures to quantify the structure of a city and inform prediction models.
This dissertation leverages vast amounts of data from spatio-temporal networks to model venue dynamics. The research puts forward evidence to support a data-driven study of geographic systems applied to fundamental questions in urban studies, retail development, and social science.Gates Cambridge Trus
The Role of Urban Mobility in Retail Business Survival.
Economic and urban planning agencies have strong interest in tackling the hard problem of predicting the odds of survival of
individual retail businesses. In this work, we tap urban mobility data available both from a location-based intelligence platform,
Foursquare, and from public transportation agencies, and investigate whether mobility-derived features can help foretell the
failure of such retail businesses, over a 6 month horizon, across 10 distinct cities spanning the globe. We hypothesise that the
survival of such a retail outlet is correlated with not only venue-specific characteristics but also broader neighbourhood-level
effects. Through careful statistical analysis of Foursquare and taxi mobility data, we uncover a set of discriminative features,
belonging to the neighbourhood’s static characteristics, the venue-specific customer visit dynamics, and the neighbourhood’s
mobility dynamics. We demonstrate that classifiers trained on such features can predict such survival with high accuracy,
achieving approximately 80% precision and recall across the cities. We also show that the impact of such features varies
across new and established venues and across different cities. Besides achieving a significant improvement over past work on
business vitality prediction, our work demonstrates the vital role that mobility dynamics plays in the economic evolution of a
city
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The Role of Urban Mobility in Retail Business Survival
Economic and urban planning agencies have strong interest in tackling the hard problem of predicting the odds of survival of individual retail businesses. In this work, we tap urban mobility data available both from a location-based intelligence platform, Foursquare, and from public transportation agencies, and investigate whether mobility-derived features can help foretell the failure of such retail businesses, over a 6 month horizon, across 10 distinct cities spanning the globe. We hypothesise that the survival of such a retail outlet is correlated with not only venue-specific characteristics but also broader neighbourhood-level effects. Through careful statistical analysis of Foursquare and taxi mobility data, we uncover a set of discriminative features, belonging to the neighbourhood's static characteristics, the venue-specific customer visit dynamics, and the neighbourhood's mobility dynamics. We demonstrate that classifiers trained on such features can predict such survival with high accuracy, achieving approximately 80% precision and recall across the cities. We also show that the impact of such features varies across new and established venues and across different cities. Besides achieving a significant improvement over past work on business vitality prediction, our work demonstrates the vital role that mobility dynamics plays in the economic evolution of a city.EPSRC Grant Number EP/N510129/
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Predicting the temporal activity patterns of new venues.
Estimating revenue and business demand of a newly opened venue is paramount
as these early stages often involve critical decisions such as first rounds of staffing
and resource allocation. Traditionally, this estimation has been performed through
coarse-grained measures such as observing numbers in local venues or venues at
similar places (e.g., coffee shops around another station in the same city). The
advent of crowdsourced data from devices and services carried by individuals on a
daily basis has opened up the possibility of performing better predictions of
temporal visitation patterns for locations and venues. In this paper, using mobility
data from Foursquare, a location-centric platform, we treat venue categories as
proxies for urban activities and analyze how they become popular over time. The
main contribution of this work is a prediction framework able to use characteristic
temporal signatures of places together with k-nearest neighbor metrics capturing
similarities among urban regions, to forecast weekly popularity dynamics of a new
venue establishment in a city neighborhood. We further show how we are able to
forecast the popularity of the new venue after one month following its opening by
using locality and temporal similarity as features. For the evaluation of our
approach we focus on London. We show that temporally similar areas of the city
can be successfully used as inputs of predictions of the visit patterns of new
venues, with an improvement of 41% compared to a random selection of wards as
a training set for the prediction task. We apply these concepts of temporally
similar areas and locality to the real-time predictions related to new venues and
show that these features can effectively be used to predict the future trends of a
venue. Our findings have the potential to impact the design of location-based
technologies and decisions made by new business owners
Recommended from our members
The Role of Urban Mobility in Retail Business Survival.
Economic and urban planning agencies have strong interest in tackling the hard problem of predicting the odds of survival of
individual retail businesses. In this work, we tap urban mobility data available both from a location-based intelligence platform,
Foursquare, and from public transportation agencies, and investigate whether mobility-derived features can help foretell the
failure of such retail businesses, over a 6 month horizon, across 10 distinct cities spanning the globe. We hypothesise that the
survival of such a retail outlet is correlated with not only venue-specific characteristics but also broader neighbourhood-level
effects. Through careful statistical analysis of Foursquare and taxi mobility data, we uncover a set of discriminative features,
belonging to the neighbourhood’s static characteristics, the venue-specific customer visit dynamics, and the neighbourhood’s
mobility dynamics. We demonstrate that classifiers trained on such features can predict such survival with high accuracy,
achieving approximately 80% precision and recall across the cities. We also show that the impact of such features varies
across new and established venues and across different cities. Besides achieving a significant improvement over past work on
business vitality prediction, our work demonstrates the vital role that mobility dynamics plays in the economic evolution of a
city