Abstract

The article focusses on grey system theory and its methodological foundations. Key topics include: axiomatisation of the concept of grey, comparison of grey systems theory with fuzzy logic and probabilistic approaches, and methodological development of the systems approach in grey data modelling. The article discusses in detail the challenges of defining grey space, grey functions, and their applications in solving the methodological problems of grey systems theory. The differences between grey systems theory and other analytical methodologies are highlighted, paying attention to the specifics of the data and the research context and epistemological perspective.