An alternative approach to estimating the parameters of a generalised Grey Verhulst model: An application to steel intensity of use in the UK

作者：

Highlights：

• A more reliable method for estimating the parameters of GM(n,m) models.

• A diagnostic for deciding whether a chosen GM(n,m) is data compatible.

• A generalisation of the Grey–Verhulst offering greater flexibility for data fitting.

• Derivation of short to medium term predictions of steel intensity of use in the UK.

摘要

•A more reliable method for estimating the parameters of GM(n,m) models.•A diagnostic for deciding whether a chosen GM(n,m) is data compatible.•A generalisation of the Grey–Verhulst offering greater flexibility for data fitting.•Derivation of short to medium term predictions of steel intensity of use in the UK.

论文关键词：Grey models,GM(1,1),Estimation,Model verification,Prediction,Intensity of use

论文评审过程：Available online 15 August 2013.

论文官网地址：https://doi.org/10.1016/j.eswa.2013.08.006