Search results
1 – 10 of over 1000
The purpose of this paper is to construct some negative grey relational analysis models to measure the relationship between reverse sequences.
Abstract
Purpose
The purpose of this paper is to construct some negative grey relational analysis models to measure the relationship between reverse sequences.
Design/methodology/approach
The definition of reverse sequence has been given at first based on analysis of relative position and change trend of sequences. Then, several different negative grey relational analysis models, such as the negative grey similarity relational analysis model, the negative grey absolute relational analysis model, the negative grey relative relational analysis model, the negative grey comprehensive relational analysis model and the negative Deng’s grey relational analysis model have been put forward based on the corresponding common grey relational analysis models. The properties of the new models have been studied.
Findings
The negative grey relational analysis models proposed in this paper can solve the problem of relationship measurement of reverse sequences effectively. All the new negative grey relational degree satisfying the requirements of normalization and reversibility.
Practical implications
The proposed negative grey relational analysis models can be used to measure the relationship between reverse sequences. As a living example, the reverse incentive effect of winning Fields Medal on the research output of winners is measured based on the research output data of the medalists and the contenders using the proposed negative grey relational analysis model.
Originality/value
The definition of reverse sequence and the negative grey similarity relational analysis model, the negative grey absolute relational analysis model, the negative grey relative relational analysis model, the negative grey comprehensive relational analysis model and the negative Deng’s grey relational analysis model are first proposed in this paper.
Details
Keywords
Baohua Yang, Junming Jiang and Jinshuai Zhao
The purpose of this study is to construct a gray relational model based on information diffusion to avoid rank reversal when the available decision information is insufficient, or…
Abstract
Purpose
The purpose of this study is to construct a gray relational model based on information diffusion to avoid rank reversal when the available decision information is insufficient, or the decision objects vary.
Design/methodology/approach
Considering that the sample dependence of the ideal sequence selection in gray relational decision-making is based on case sampling, which causes the phenomenon of rank reversal, this study designs an ideal point diffusion method based on the development trend and distribution skewness of the sample information. In this method, a gray relational model for sample classification is constructed using a virtual-ideal sequence. Subsequently, an optimization model is established to obtain the criteria weights and classification radius values that minimize the deviation between the comprehensive relational degree of the classification object and the critical value.
Findings
The rank-reversal problem in gray relational models could drive decision-makers away from using this method. The results of this study demonstrate that the proposed gray relational model based on information diffusion and virtual-ideal sequencing can effectively avoid rank reversal. The method is applied to classify 31 brownfield redevelopment projects based on available interval gray information. The case analysis verifies the rationality and feasibility of the model.
Originality/value
This study proposes a robust method for ideal point choice when the decision information is limited or dynamic. This method can reduce the influence of ideal sequence changes in gray relational models on decision-making results considerably better than other approaches.
Details
Keywords
Shuli Yan and Luting Xia
As an important measure to promote sustainable development, green finance has developed rapidly in recent years. In order to comprehensively analyze the positive and negative…
Abstract
Purpose
As an important measure to promote sustainable development, green finance has developed rapidly in recent years. In order to comprehensively analyze the positive and negative indicators of the influencing factors of green finance, this paper puts forward a grey relational method of spatial-temporal panel data from the perspective of the development trend of the object dimension indicators and the performance difference between the time dimension indicators.
Design/methodology/approach
From the different perspectives of object dimension and time dimension, the positive and negative indicators are standardized differently considering the reverse of indicators and characterizing factors. The grey absolute relational degree is used to define the matrix sequence. This method reflects the development trend of objects in time and the difference characteristics among objects, which comprehensively represents the correlation between the reference panel and the comparison panel.
Findings
The results show that: (1) The object dimension reflects the internal driving force of the development of green finance in each provincial administrative region and the time dimension reflects the relationship between regional differences of influencing factors and green finance. (2) From the object dimension, the influencing factors of green finance from high to low are economic development potential, economic development level, air temperature, policy support, green innovation and air quality. (3) From the time dimension, the influencing factors of green finance from high to low are green innovation, air quality, economic development potential, economic development level, policy support and air temperature.
Originality/value
The different standardized processing methods of positive and negative indicators proposed in this paper not only eliminate the sample dimension, but also study the grey relational degree among the indicator panels from different reference dimensions. The proposed model is applied to identify the influencing factors of green finance, which expands the practical application scope of the grey relational model. The research results can provide reference for relevant departments to better promote the development of green finance.
Details
Keywords
Wenhao Zhou, Hailin Li, Liping Zhang, Huimin Tian and Meng Fu
The purpose of this work is to construct a grey entropy comprehensive evaluation model to measure the regional green innovation vitality (GIV) of 31 provinces in China.
Abstract
Purpose
The purpose of this work is to construct a grey entropy comprehensive evaluation model to measure the regional green innovation vitality (GIV) of 31 provinces in China.
Design/methodology/approach
The traditional grey relational proximity and grey relational similarity degree are integrated into the novel comprehensive grey evaluation framework. The evaluation system of regional green innovation vitality is constructed from three dimensions: economic development vitality, innovative transformation power and environmental protection efficacy. The weights of each indicator are obtained by the entropy weight method. The GIV of 31 provinces in China is measured based on provincial panel data from 2016 to 2020. The ward clustering and K-nearest-neighbor (KNN) algorithms are utilized to explore the regional green innovation discrepancies and promotion paths.
Findings
The novel grey evaluation method exhibits stronger ability to capture intrinsic patterns compared with two separate traditional grey relational models. Green innovation vitality shows obvious regional discrepancies. The Matthew effect of China's regional GIV is obvious, showing a basic trend of strong in the eastern but weak in the western areas. The comprehensive innovation vitality of economically developed provinces exhibits steady increasing trend year by year, while the innovation vitality of less developed regions shows an overall steady state of no fluctuation.
Practical implications
The grey entropy comprehensive relational model in this study is applied for the measurement and evaluation of regional GIV, which improves the one-sidedness of traditional grey relational analysis on the proximity or similarity among sequences. In addition, a three-dimensional evaluation system of regional GIV is constructed, which provides the practical guidance for the research of regional development strategic planning as well as promotion paths.
Originality/value
A comprehensive grey entropy relational model based on traditional grey incidence analysis (GIA) in terms of proximity and similarity is proposed. The three-dimensional evaluation system of China's regional GIV is constructed, which provides a new research perspective for regional innovation evaluation and expands the application scope of grey system theory.
Details
Keywords
Xiumei Hao, Mingwei Li and Yuting Chen
This paper takes the seven overcapacity industries such as the textile industry, electricity and heat, steel, coal, automobile manufacturing, nonferrous metals and petrochemical…
Abstract
Purpose
This paper takes the seven overcapacity industries such as the textile industry, electricity and heat, steel, coal, automobile manufacturing, nonferrous metals and petrochemical industry as research objects and proposes a TOPSIS grey relational projection group decision method with mixed multiattributes, which is used for the ranking of the seven industries with overcapacity and provided relevant departments with a basis for decision-making.
Design/methodology/approach
First, an evaluation index system from four aspects is established. Secondly, the attributes of linguistic information are converted into two-dimensional interval numbers and triangular fuzzy numbers, and an evaluation matrix is constructed and normalized. This paper uses the AHP method to determine the subjective weights and uses the coefficient of variation method to determine the objective weights. Moreover, this paper sets up the optimization model with the largest comprehensive evaluation value to determine the combined weights. Finally, the TOPSIS grey relational projection method is proposed to calculate the closeness of grey relational projections and to rank them.
Findings
This paper analyzes the problem of overcapacity in seven industries with the TOPSIS grey relational projection method. The results show that the four industries of automobile manufacturing, textile, coal and petrochemical are all in serious overcapacity levels, while the three industries of steel, nonferrous metals and electric power are relatively in weak overcapacity level in the three years of 2016–2018. TOPSIS grey relational projection method ranks the overcapacity degree of the seven major overcapacity industries, making the relative overcapacity degree of each industry more clear and providing a reference for the government to formulate targeted policies and measures for each industry.
Practical implications
By using TOPSIS grey relational projection method to evaluate the overcapacity of the seven major overcapacity industries, on the one hand, it makes the relative overcapacity degree of each industry more clear, on the other hand, it can provides the basis for the government and decision-making departments. This helps them promote better the healthy and orderly economic development of the seven major industries and avoid resource waste caused by overcapacity.
Originality/value
This article solves the single evaluation method caused by the limited indicators in the past, combines TOPSIS and the grey relational projection method and applies it to the overcapacity evaluation of the industry, not only applies it to the evaluation of overcapacity for the first time but also involves novel problems and methods, which expands the scope of application of the model.
Details
Keywords
The purpose of this study is to propose an unbiased generalized grey relational closeness evaluation model to improve the accuracy of regional agricultural drought vulnerability…
Abstract
Purpose
The purpose of this study is to propose an unbiased generalized grey relational closeness evaluation model to improve the accuracy of regional agricultural drought vulnerability decision-making results, as well as to provide theoretical support for reducing agricultural drought risk and losses.
Design/methodology/approach
The index weight is calculated using a rough set and deviation minimization criterion, and the relational degree between the research object and the double reference sequence is thoroughly investigated using the generalized grey relational closeness degree. Because different index rankings can correspond to different closeness degrees, the Monte Carlo method was used to calculate an unbiased estimate of the generalized grey relational closeness degree, which was used as a decision basis.
Findings
Agricultural drought vulnerability in Henan Province in 2019 was clearly spatially differentiated. The vulnerability to agricultural drought in the southern and eastern regions was generally higher than that in other regions. The evaluation results of this model are highly stable and reliable compared to those of the traditional generalized grey relational evaluation model.
Practical implications
This study proposes an evaluation model based on an unbiased generalized grey relational closeness degree, which is important to supplement the grey relational analysis method system and plays a positive role in promoting the quantitative evaluation of regional agricultural drought vulnerability.
Originality/value
The Monte Carlo method is used to calculate the unbiased estimation of the generalized grey relational closeness degree, which solves the problem of the replacement dependence of the traditional generalized grey relational degree and the one-sidedness of the evaluation results, and provides a new research idea for the evaluation of regional agricultural drought vulnerability under cross-sectional informatics.
Details
Keywords
Abstract
Purpose
In order to improve the estimation accuracy of soil organic matter, this paper aims to establish a modified model for hyperspectral estimation of soil organic matter content based on the positive and inverse grey relational degrees.
Design/methodology/approach
Based on 82 soil sample data collected in Daiyue District, Tai'an City, Shandong Province, firstly, the spectral data of soil samples are transformed by the first order differential and logarithmic reciprocal first order differential and so on, the correlation coefficients between the transformed spectral data and soil organic matter content are calculated, and the estimation factors are selected according to the principle of maximum correlation. Secondly, the positive and inverse grey relational degree model is used to identify the samples to be identified, and the initial estimated values of the organic matter content are obtained. Finally, based on the difference information between the samples to be identified and their corresponding known patterns, a modified model for the initial estimation of soil organic matter content is established, and the estimation accuracy of the model is evaluated using the mean relative error and the determination coefficient.
Findings
The results show that the methods of logarithmic reciprocal first order differential and the first-order differential of the square root for transforming the original spectral data are more effective, which could significantly improve the correlation between soil organic matter content and spectral data. The modified model for hyperspectral estimation of soil organic matter has high estimation accuracy, the average relative error (MRE) of 11 test samples is 4.091%, and the determination coefficient (R2) is 0.936. The estimation precision is higher than that of linear regression model, BP neural network and support vector machine model. The application examples show that the modified model for hyperspectral estimation of soil organic matter content based on positive and inverse grey relational degree proposed in this article is feasible and effective.
Social implications
The model in this paper has clear mathematical and physics meaning, simple calculation and easy programming. The model not only fully excavates and utilizes the internal information of known pattern samples with “insufficient and incomplete information”, but also effectively overcomes the randomness and grey uncertainty in the spectral estimation of soil organic matter. The research results not only enrich the grey system theory and methods, but also provide a new approach for hyperspectral estimation of soil properties such as soil organic matter content, water content and so on.
Originality/value
The paper succeeds in realizing both a modified model for hyperspectral estimation of soil organic matter based on the positive and inverse grey relational degrees and effectively dealing with the randomness and grey uncertainty in spectral estimation.
Details
Keywords
The purpose of this paper is to put forward the grey relational decision-making model of three-parameter interval grey number based on Analytic Hierarchy Process (AHP) and Data…
Abstract
Purpose
The purpose of this paper is to put forward the grey relational decision-making model of three-parameter interval grey number based on Analytic Hierarchy Process (AHP) and Data Envelopment Analysis (DEA), based on the previous study of grey relational decision-making model, and it considers the advantages of the decision-making schemes and the subjective preferences of decision makers.
Design/methodology/approach
First of all, through AHP, the preference of each index is analyzed and the index weight is determined. Second, the DEA model is adopted to obtain the index weight from the perspective of the most beneficial to each scheme and objectively reflect the advantages of different schemes. Then, assign the comprehensive weights to each index of the grey relational decision-making model of three-parameter interval grey number, and calculate the grey relation degree of each scheme to rank the schemes.
Findings
The effectiveness of the model is proved by an example of carrier aircraft selection.
Practical implications
The applicability of this model is analyzed by taking carrier aircraft selection as an example. In fact, this model can also be widely used in agriculture, industry, economy, society and other fields.
Originality/value
In this paper, the combination of AHP and DEA is used to determine the index weight. Based on which, the grey relation degree under the three-parameter interval grey number is calculated. It intended the application space of the grey relational decision-making model.
Details
Keywords
Currently, for the evaluation of enterprise credit, many specific values of indexes are difficult to obtain, so decision makers tend to give a form of uncertain linguistic…
Abstract
Purpose
Currently, for the evaluation of enterprise credit, many specific values of indexes are difficult to obtain, so decision makers tend to give a form of uncertain linguistic variable. To solve this kind of problem, the purpose of this paper is to introduce an uncertain pure linguistic approach on evaluation of enterprise integrity based on grey information.
Design/methodology/approach
Initial uncertain linguistic variables given by experts are transferred into interval grey numbers, and their greyness of degree is computed. Then, the greyness of degree is applied to adjust the weights of experts. Moreover, the core of each interval grey number is calculated, and through giving the positive ideal point and negative ideal point, which are binary numbers, the comprehensive grey relational grade between the linguistic number and the two points is calculated, respectively, as well to get the ranking result of projects by considering both core and greyness of degree.
Findings
The model is applied to a case, and the result verifies the validity and practicability of the model which reveals high effectiveness.
Practical implications
This model provides a new feasible method in a growing number of fuzzy evaluation schemes in the fields of enterprise integrity and contributes to getting better and more accurate results.
Originality/value
In this paper, the greyness of degree is introduced to the model to adjust the experts’ weights, and it reflects the thought of “making full use of the information” in grey system theory and further enriches the system of grey decision-making theory as well as expanding its application scope.
Details
Keywords
Xuesong Cao, Xican Li, Wenjing Ren, Yanan Wu and Jieya Liu
This study aims to improve the accuracy of hyperspectral estimation of soil organic matter content.
Abstract
Purpose
This study aims to improve the accuracy of hyperspectral estimation of soil organic matter content.
Design/methodology/approach
Based on the uncertainty in spectral estimation, 76 soil samples collected in Zhangqiu District, Jinan City, Shandong Province, were studied in this paper. First, the spectral transformation of the spectral data after denoising was carried out by means of 11 transformation methods such as reciprocal and square, and the estimation factor was selected according to the principle of maximum correlation. Secondly, the grey weighted distance was used to calculate the grey relational degree between the samples to be estimated and the known patterns, and the local linear regression estimation model of soil organic matter content was established by using the pattern samples closest to the samples to be identified. Thirdly, the models were optimized by gradually increasing the number of modeling samples and adjusting the decision coefficient, and a comprehensive index was constructed to determine the optimal predicted value. Finally, the determination coefficient and average relative error are used to evaluate the validity of the model.
Findings
The results show that the maximum correlation coefficient of the seven estimated factors selected is 0.82; the estimation results of 14 test samples are of high accuracy, among which the determination coefficient R2 = 0.924, and the average relative error is 6.608%.
Practical implications
Studies have shown that it is feasible and effective to estimate the content of soil organic matter by using grey correlation local linear regression model.
Originality/value
The paper succeeds in realizing both the soil organic matter hyperspectral grey relation estimating pattern based on the grey relational theory and the estimating pattern by using the local linear regression.
Details