This book aims to provide a practical guide by a set of real world applications of grey systems to social networks, energy management, transportation, natural disaster management, etc. As an emerging subject on data analysis and uncertainty modelling, the theory of grey systems and its applications have seen significant progress in recent years.  However, researchers are still challenged with difficulties in differentiating grey systems from other similar models and a concise and practical guide for their real world applications. This is especially true for researchers in Europe and North...

The book covers up-to-date theoretical and applied advances in grey systems theory from across the world and vividly presents the reader with the overall picture of this new theory and its frontier research. Many of the concepts, models and methods in the book are original by the authors, including simplified form of grey number, general grey number and the operations of grey numbers; the axiomatic system of buffer operators and a series of weakening and strengthening operators; a series of grey relational analysis models, including grey absolute, relative, synthetic, similarity, closeness,...

This book focuses on the main advancements made in the economics and social sciences field through the use of grey systems theory. As a result, it addresses both the state of the art and the applications of grey systems theory in economics and social sciences. The book is structured in eight main chapters, covering the following topics: the state of the art in the grey systems theory research in economics and social sciences, which includes a bibliometric analysis, a selection of the most well-cited papers in the field, and a selection of applications in which the grey systems theory is used...