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Why the world is grey

Why the world is grey Purpose – This paper aims to discuss at a fundamental level the observation that the world can be seen as grey, or uncertain. Design/methodology/approach – Attention is given first to arguments that suggest that the future should be seen as totally unknown, or black. Reasons are given for dismissing these arguments, and then consideration is given to fundamental causes of uncertainty which prevent the world being white or totally known. Findings – The treatment is at a fundamental level that has little bearing on current practical means of dealing with uncertainty, but it is claimed that consideration of fundamentals is often unexpectedly rewarding and therefore worth pursuing. Practical implications – There are probably few practical implications, at least in the short term. Originality/value – The viewpoints appear to have received little previous notice. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Grey Systems: Theory and Application Emerald Publishing

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Publisher
Emerald Publishing
Copyright
Copyright © 2011 Emerald Group Publishing Limited. All rights reserved.
ISSN
2043-9377
DOI
10.1108/20439371111163738
Publisher site
See Article on Publisher Site

Abstract

Purpose – This paper aims to discuss at a fundamental level the observation that the world can be seen as grey, or uncertain. Design/methodology/approach – Attention is given first to arguments that suggest that the future should be seen as totally unknown, or black. Reasons are given for dismissing these arguments, and then consideration is given to fundamental causes of uncertainty which prevent the world being white or totally known. Findings – The treatment is at a fundamental level that has little bearing on current practical means of dealing with uncertainty, but it is claimed that consideration of fundamentals is often unexpectedly rewarding and therefore worth pursuing. Practical implications – There are probably few practical implications, at least in the short term. Originality/value – The viewpoints appear to have received little previous notice.

Journal

Grey Systems: Theory and ApplicationEmerald Publishing

Published: Aug 19, 2011

Keywords: Uncertainty management; Scientific method; Chaos theory; Quantum indeterminacy; Free will

References