Methodological Aspects of Grey Systems Theory in Management Research

Methodological Aspects of Grey Systems Theory in Management Research

Author: Rafal Mierzwiak

Publisher: Springer

Published: 2024-06-23

Total Pages: 0

ISBN-13: 9789819724123

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This book illustrates the application of grey systems theory to management science research, by developing selection procedures for grey analytical methods suitable for forecasting, decision-making, and analysing variable relationships. Highlights the similarity between grey system theory and other uncertainty modelling methods, introducing demarcation criteria between grey system theory, fuzzy logic, and statistical approaches. The book leverages the concept of a "grey space" to move beyond the intuitive understanding of grey, presenting a logical and mathematical model of the concept. Connects grey information with traditional management research paradigms and strategies, serving as a methodological guide to grey methods tailored for social sciences, especially management research. The aim is to facilitate management science readers' understanding of how grey systems theory can be applied in research, providing specific guidance on the use of grey methods in management studies and discussing their possibilities and limitations. This work provides methodological guidelines for conducting research in management science. The primary audience includes management science researchers and doctoral students dealing with empirical research where incomplete and sparse data are a critical factor, and scholars in the grey systems theory community. The book introduces new concepts from the axiomatisation of greyness, appealing to specialists interested in this area.


Grey Systems

Grey Systems

Author: Sifeng Liu

Publisher: Springer Science & Business Media

Published: 2010-12-15

Total Pages: 391

ISBN-13: 364216157X

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Due to inherent limitations in human sensing organs, most data collected for various purposes contain uncertainties. Even at the rare occasions when accurate data are available, the truthful predictions derived on the data tend to create chaotic consequences. So, to effectively process and make sense out of available data, we need methods to deal with uncertainty inherently existing inside the data. The intent of this monograph is to explore the fundamental theory, methods, and techniques of practical application of grey systems theory, initiated by Professor Deng Julong in 1982. This volume presents most of the recent advances of the theory accomplished by scholars from around the world. From studying this book, the reader will not only acquire an overall knowledge of this new theory but also be able to follow the most current research activities. All examples presented are based on practical applications of the theory when urgent real-life problems had to be addressed. Last but not the least, this book concludes with three appendices. The first one compares grey systems theory and interval analysis while revealing the fact that interval analysis is a part of grey mathematics. The second appendix presents an array of different approaches of studying uncertainties. And, the last appendix shows how uncertainties appear using general systems approach.


Advancements of Grey Systems Theory in Economics and Social Sciences

Advancements of Grey Systems Theory in Economics and Social Sciences

Author: Camelia Delcea

Publisher: Springer Nature

Published: 2023-03-02

Total Pages: 340

ISBN-13: 9811999325

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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 in the areas of suppliers selection, risk assessment, public opinion assessment, linear programming, complex projects management, social media analysis, and natural language processing Each chapter gives an overview of a particular economic or social sciences topic, providing an explanation on the main terms and methods used for solving the problem, including the notations, terminology, and the needed steps to solve it. A practical application is presented in most of the chapters, while in the others, a series of case studies are presented from the literature and discussed in depth in terms of methods used and advantages brought by each of these methods. The last chapter discusses the hybridization cases in which the grey systems theory has been or can be successfully used along with other artificial intelligence methods and techniques for a more advanced analysis in the economics and social sciences field. The reasoning and the explanations used in the book are easy to understand for the interested persons who are not familiar to the field and want to learn more related on how the grey systems theory can be applied to economics and social sciences. As for the experts in this field, this book can be a good referral point for developing new areas of research by combining the advantages of the grey systems theory with other theories within the field.


Systems Methodology for the Management Sciences

Systems Methodology for the Management Sciences

Author: Michael C. Jackson

Publisher: Springer Science & Business Media

Published: 2013-06-29

Total Pages: 303

ISBN-13: 1489926321

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The author thoroughly describes and analyzes the most significant systems methodologies-`organizations as systems,' hard, soft, cybernetic, and critical-and demonstrates the complementary strengths of different systems approaches.


Advances in Grey Systems Research

Advances in Grey Systems Research

Author: Sifeng Liu

Publisher: Springer Science & Business Media

Published: 2010-06-28

Total Pages: 575

ISBN-13: 364213937X

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This book contains contributions by some of the leading researchers in the area of grey systems theory and applications. All the papers included in this volume are selected from the contributions physically presented at the 2009 IEEE International Conference on Grey Systems and Intelligent Services, November 11 – 12, 2009, Nanjing, Jiangsu, People’s Republic of China. This event was jointly sponsored by IEEE Systems, Man, and Cybernetics Society, Natural Science Foundation of China, and Grey Systems Society of China. Additionally, Nanjing University of Aeronautics and Astronautics also invested heavily in this event with its direct and indirect financial and administrative supports. The conference aimed at bringing together all scholars and experts in the fields of grey systems and intelligent services from around the world to share their cutting edge research results, exchange innovative ideas, promote mutual understanding, and seek potential opportunities for collaboration. The conference program c- mittee received 1054 full paper submissions from 16 countries and geographical regions. Nine hundred sixty four papers were submitted for regular sessions and 90 papers were tunnelled directly for special topic sessions. All the submitted papers, including those aiming at special topic sessions, were rigorously reviewed by at least 3 reviewers. Based on the reviewers’ reports, 251 papers were accepted for oral presentations, while 99 accepted for poster presentations. In other words, only slightly over 33% of the submitted papers were accepted by this conference. The rate of acceptance was lower than one third of the total submissions.


Financial Risk Management and Modeling

Financial Risk Management and Modeling

Author: Constantin Zopounidis

Publisher: Springer Nature

Published: 2021-09-13

Total Pages: 480

ISBN-13: 3030666913

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Risk is the main source of uncertainty for investors, debtholders, corporate managers and other stakeholders. For all these actors, it is vital to focus on identifying and managing risk before making decisions. The success of their businesses depends on the relevance of their decisions and consequently, on their ability to manage and deal with the different types of risk. Accordingly, the main objective of this book is to promote scientific research in the different areas of risk management, aiming at being transversal and dealing with different aspects of risk management related to corporate finance as well as market finance. Thus, this book should provide useful insights for academics as well as professionals to better understand and assess the different types of risk.


Technology Adoption and Social Issues: Concepts, Methodologies, Tools, and Applications

Technology Adoption and Social Issues: Concepts, Methodologies, Tools, and Applications

Author: Management Association, Information Resources

Publisher: IGI Global

Published: 2018-02-02

Total Pages: 1769

ISBN-13: 1522552022

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As society continues to experience increases in technological innovations, various industries must rapidly adapt and learn to incorporate these advances. While there are benefits to implementing these technologies, the sociological aspects still need to be considered. Technology Adoption and Social Issues: Concepts, Methodologies, Tools, and Applications is an innovative reference source for the latest academic material on the various effects of technology adoption, implementation, and acceptance. Highlighting a range of topics, such as educational technology, globalization, and social structure, this multi-volume book is ideally designed for academicians, professionals, and researchers who are interested in the latest insights into technology adoption.


Open Government: Concepts, Methodologies, Tools, and Applications

Open Government: Concepts, Methodologies, Tools, and Applications

Author: Management Association, Information Resources

Publisher: IGI Global

Published: 2019-09-06

Total Pages: 2581

ISBN-13: 1522598618

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Open government initiatives have become a defining goal for public administrators around the world. As technology and social media tools become more integrated into society, they provide important frameworks for online government and community collaboration. However, progress is still necessary to create a method of evaluation for online governing systems for effective political management worldwide. Open Government: Concepts, Methodologies, Tools, and Applications is a vital reference source that explores the use of open government initiatives and systems in the executive, legislative, and judiciary sectors. It also examines the use of technology in creating a more affordable, participatory, and transparent public-sector management models for greater citizen and community involvement in public affairs. Highlighting a range of topics such as data transparency, collaborative governance, and bureaucratic secrecy, this multi-volume book is ideally designed for government officials, leaders, practitioners, policymakers, researchers, and academicians seeking current research on open government initiatives.