The Application of a Grey Markov Model in Forecasting the Errors of EIA’s Projections in Gas Production and Energy Intensity

Grey system theory looks for realistic patterns based on modeling with a few available data. In this paper, a Grey-Markov prediction model which is the combination of the GM(1,1) and Markov model was studied; Moreover, its applications in energy system were presented. The average errors of Energy In...

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Hauptverfasser: Seyed Hossein Iranmanesh, Hamidreza Mostafaei, Shaghayegh Kordnoori
Format: Artikel
Sprache:Englisch
Veröffentlicht: Faculty of Economic Sciences, Hyperion University, Bucharest 2013-09-01
Schriftenreihe:Hyperion Economic Journal
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Online-Zugang:http://www.hej.hyperion.ro/articles/3(1)_2013/HEJ%20nr3(1)_2013_A2Iranmanesh.pdf
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