Purpose To explore a more effective method to study the information content of grey numbers. Design/methodology/approach An axiomatic approach is used for the measurement of information content of a given grey number. Findings A new definition for information content of grey numbers is introduced. And, relevant results are proven. Originality/value This work fills the vacancy on how to measure the information value contained in a grey number.
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Liu et al. (2006) studied this question.
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