Since its evolution, the concept of Entropy has been applied in various fields like Computer Science, Quantitative … Finance, Physics etc. The definition of Entropy has slightly different meanings depending on the field of science to which it … is being applied. This paper aims to examine the concept of Entropy and its application in Credit Risk Model Development …

incorporates the concept of entropy from information theory. First, I introduce the concept of “division of work” and argue that … entropy from information theory and the experience curve effect theory. The mechanism of the diminishing marginal product of …

utility functions are based on a generalization of the Shannon entropy. They include dual representations of all additive …

The characteristic function of the folded normal distribution and its moment function are derived. The entropy of the …

An expression for the entropy of a random variable whose probability density function is reported as a histogram is … given. It allows the construction of time series of entropy from responses to density forecast surveys such as the US Survey …

This paper examines, through the concept of mutual information based on entropy, the impact of monetary policy on the …