4.7 Article

Properties of the GM(1,1) with fractional order accumulation

Journal

APPLIED MATHEMATICS AND COMPUTATION
Volume 252, Issue -, Pages 287-293

Publisher

ELSEVIER SCIENCE INC
DOI: 10.1016/j.amc.2014.12.014

Keywords

Grey system theory; The initial condition; The monotonicity and convexity; Fractional order accumulation

Funding

  1. Marie Curie International Incoming Fellowship within the 7th European Community Framework Programme [FP7-PIIF-GA-2013-629051]
  2. National Natural Science Foundation of China [71401051]
  3. Natural Science Foundation of Jiangsu Province [BK20130786]
  4. Project of Social Science Foundation of China [12AZD102]

Ask authors/readers for more resources

For traditional grey model (GM(1,1)), it is proved theoretically that the initial condition is not utilized, and the simulative value is convex and increased or is the decreased and concave when the actual sequence is nonnegative increased. These shortcomings are the results of traditional first order accumulation on grey system model. However, for the GM(1,1) with fractional order accumulation, the initial condition is utilized, and the monotonicity and convexity of simulative value are uncertain when the actual value is nonnegative increased. The results of practical numerical examples demonstrate that the GM(1,1) with fractional order accumulation provides very remarkable predication performance compared with the traditional GM(1,1) model. (c) 2014 Elsevier Inc. All rights reserved.

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