Unequal-order grey model with the difference information and its application

INTERNATIONAL JOURNAL OF MODELING SIMULATION AND SCIENTIFIC COMPUTING(2022)

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Abstract
According to the principle of minimum information, new information priority, and difference information, most existing grey forecast models and their improvement are inconsistent with the grey theory. Therefore, a novel discrete multivariable grey model with unequal fractional-order accumulation is proposed. To improve the accuracy and stability of the model, an optimization algorithm for unequal fractional-order is proposed. The proposed model and algorithm are evaluated with four actual cases. The results show that the novel model has better performance and the proposed unequal fractional-order accumulation operator is better than other existing accumulation operators. Considering the energy consumption, the carbon dioxide emissions in the USA have been forecasted to decrease but remain at a high level by using the novel discrete multivariable grey model. Reducing energy consumption is conducive to reducing carbon dioxide emissions.
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Key words
Grey model, unequal accumulation, grey system theory, carbon dioxide emissions
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