Analysis and Prediction on Vehicle Ownership Based on an Improved Stochastic Gompertz Diffusion Process

This paper aims at introducing a new improved stochastic differential equation related to Gompertz curve for the projection of vehicle ownership growth. This diffusion model explains the relationship between vehicle ownership and GDP per capita, which has been studied as a Gompertz-like function bef...

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Bibliographic Details
Main Authors: Huapu Lu, He Ma, Zhiyuan Sun, Jing Wang
Format: Article
Language:English
Published: Hindawi-Wiley 2017-01-01
Series:Journal of Advanced Transportation
Online Access:http://dx.doi.org/10.1155/2017/4013875