This paper provides a computationally efficient and novel four-step methodological approach for predicting volatility estimators derived from bitcoin prices. In the first step, open, high, low, and close bitcoin prices are transformed into volatility estimators using Brownian motion assumptions and logarithmic transformations. The second step determines the optimal number of time-series lags required for converting the series into an autoregressive model. This selection process utilizes random forest regression, evaluating the importance of each lag using the Mean Decrease in Impurity (MDI) criterion and optimizing the number of lags considering an 85% cumulative importance threshold. The third step of the developed methodological approach fits the Elastic Net Regression (ENR) to the volatility estimator’s dataset, while the final fourth step assesses the predictive accuracy of ENR, compared to decision tree (DTR), random forest (RFR), and support vector regression (SVR). The results reveal that the ENR prevails in its predictive accuracy for open and close prices, as these prices may be linear and less susceptible to sudden, non-linear shifts typically seen during trading hours. On the other hand, SVR prevails for high and low prices as these prices often experience spikes and drops driven by transient news and intra-day market sentiments, forming complex patterns that do not align well with linear modelling.

Decisions on transport policy measures have long-term and important impacts on the economy, environment and society. Transport policy measures can lock up capital for decades and cause manifold external effects. In order to allow policymakers to evaluate transport policies, the developed decision support tool facilitates the evaluation of the multidimensional impacts of the implementation of transport policies. The objective of the decision support toolset presented in this paper is to support transportation planning and design practices based on an integrated transportation analysis of the area of examination to determine the most applicable combination of mobility services. This paper provides a comprehensive description of the interactive decision support tool implemented to help cities and decision makers design their strategies and shape the urban mobility of the future.

The smart cities paradigm has gained significant attention as a tool to address the multifaceted challenges posed by contemporary urban mobility systems. While cities are eager to integrate cutting-edge technologies to evolve into digital and intelligent hubs, they often deal with infrastructure and governance bottlenecks that prevent the rapid adoption of industry-driven innovations. This study introduces a three-step methodological approach to forecast a city’s innovation readiness in urban mobility, thus facilitating city-led innovation and identifying key areas within urban mobility systems that require attention. Initially, a comprehensive literature review was undertaken to ascertain the most impactful innovation indicators influencing a city’s ability to embrace new technologies. Subsequently, Principal Component Analysis (PCA) was applied to identify these indicators, highlighting the primary markers of innovation for each city. The final step involved the application of both random and fixed-effects regression models to quantify the influence of distinct unobserved variables—such as economic, cultural, and political factors—on the innovation readiness of various cities. The methodology’s effectiveness was tested using data from cities across diverse regions. The findings underscore that merely 7 out of 21 innovation indicators are critical for assessing a city’s innovation readiness. Moreover, the random-effects model was identified as the most suitable for capturing the nuances of unobserved variables in the studied cities. The innovation readiness scores at the city level revealed a diverse range, with cities like Madrid, Gothenburg, and Mechelen demonstrating high readiness, while others like Kalisz and Datong showed lower scores. This research contributes to the strategic planning for smart cities, offering a robust framework for policymakers to enhance innovation readiness and foster sustainable urban development, with a newfound emphasis on city-specific analysis.