To read the full version of this content please select one of the options below:

Research on the multiple transformation property of a series of grey models

Nai‐Ming Xie (College of Economics and Management, Nanjing University of Aeronautics and Astronautics, Nanjing, China)
Si‐Feng Liu (College of Economics and Management, Nanjing University of Aeronautics and Astronautics, Nanjing, China)

Kybernetes

ISSN: 0368-492X

Article publication date: 16 October 2009

Abstract

Purpose

The purpose of this paper is to study the parameters' properties of GM(n, h) model on the basis of multiple transformation and the relationship of GM(n, h) model and other grey models.

Design/methodology/approach

Multiple transformation property of parameters is important to construct a grey model. However, there is no research on the property of GM(n, h) model, therefore it is meaningful to study the relationship between GM(n, h) model and other grey models.

Findings

The multiple transformation property of parameters of GM(n, h) model is recognized. The parameters' value is dependent on multiple transformation value. The values of simulative and predicative are only dependent to the multiple transformation of the main variable and independent to other variables.

Research limitations/implications

The properties of other grey models could be obtained by analyzing the property of GM(n, h) model.

Practical implications

It is a very useful result for constructing a grey model.

Originality/value

This paper discusses multiple transformation property of GM(n, h) model and the relationship between the GM(n, h) model and other grey models. These grey models are put into a common model and the affections that parameters' multiple transformation caused to the model are studied.

Keywords

Citation

Xie, N. and Liu, S. (2009), "Research on the multiple transformation property of a series of grey models", Kybernetes, Vol. 38 No. 10, pp. 1718-1728. https://doi.org/10.1108/03684920910994088

Publisher

:

Emerald Group Publishing Limited

Copyright © 2009, Emerald Group Publishing Limited