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A brief introduction to grey systems theory

Sifeng Liu (Institute for Grey Systems Studies, Nanjing University of Aeronautics and Astronautics, Nanjing, China)
Jeffrey Forrest (Mathematics Department of Slippery Rock University, Slippery Rock, Pennsylvania, USA)
Yingjie Yang (Centre for Computational Intelligence, De Montfort University, Leicester, UK)

Grey Systems: Theory and Application

ISSN: 2043-9377

Article publication date: 17 August 2012

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Abstract

Purpose

The purpose of this paper is to introduce the elementary concepts and fundamental principles of grey systems and the main components of grey systems theory. Also to discuss the astonishing progress that grey systems theory has made in the world of learning and its wide‐ranging applications in the entire spectrum of science.

Design/methodology/approach

The characteristics of unascertained systems including incomplete information and inaccuracies in data are analysed and four uncertain theories: probability statistics, fuzzy mathematics, grey system and rough set theory are compared. The scientific principle of simplicity and how precise models suffer from inaccuracies are also shown.

Findings

The four uncertain theories, probability statistics, fuzzy mathematics, grey system and rough set theory are examined with different research objects, different basic sets, different methods and procedures, different data requirements, different emphasis, different objectives and different characteristics.

Practical implications

The scientific principle of simplicity and how precise models suffer from inaccuracies are shown. So, precise models are not necessarily an effective means to deal with complex matters, especially in the case that the available information is incomplete and the collected data inaccurate.

Originality/value

The elementary concepts and fundamental principles of grey systems and the main components of grey systems theory are introduced briefly. The reader is given a general picture of grey systems theory as a new method for studying problems where partial information is known, partial information is unknown; especially for uncertain systems with few data points and poor information.

Keywords

Citation

Liu, S., Forrest, J. and Yang, Y. (2012), "A brief introduction to grey systems theory", Grey Systems: Theory and Application, Vol. 2 No. 2, pp. 89-104. https://doi.org/10.1108/20439371211260081

Publisher

:

Emerald Group Publishing Limited

Copyright © 2012, Emerald Group Publishing Limited

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