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Comparing prediction methods for maritime accidents

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  • Jia-ni Zhao
  • Jing Lv

Abstract

The purpose of maritime accident prediction is to reasonably forecast an accident occurring in the future. In determining the level of maritime traffic management safety, it is important to analyze development trends of existing traffic conditions. Common prediction methods for maritime accidents include regression analysis, grey system models (GM) and exponential smoothing. In this study, a brief introduction is provided that discusses the aforementioned prediction models, including the associated methods and characteristics of each analysis, which form the basis for an attempt to apply a residual error correction model designed to optimize the grey system model. Based on the results, in which the model is verified using two different types of maritime accident data (linear smooth type and random-fluctuation type, respectively), the prediction accuracy and the applicability were validated. A discussion is then presented on how to apply the Markov model as a way to optimize the grey system model. This method, which proved to be correct in terms of prediction accuracy and applicability, is explored through empirical analysis. Although the accuracy of the residual error correction model is usually higher than the accuracy of the original GM (1,1), the effect of the Markov correction model is not always superior to the original GM (1,1). In addition, the accuracy of the former model depends on the characteristics of the original data, the status partition and the determination method for the status transition matrix.

Suggested Citation

  • Jia-ni Zhao & Jing Lv, 2016. "Comparing prediction methods for maritime accidents," Transportation Planning and Technology, Taylor & Francis Journals, vol. 39(8), pages 813-825, November.
  • Handle: RePEc:taf:transp:v:39:y:2016:i:8:p:813-825
    DOI: 10.1080/03081060.2016.1231901
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    Cited by:

    1. Munim, Ziaul Haque & Sørli, Michael André & Kim, Hyungju & Alon, Ilan, 2024. "Predicting maritime accident risk using Automated Machine Learning," Reliability Engineering and System Safety, Elsevier, vol. 248(C).

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