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Thermal ratchets are Brownian models where time correlated nonequilibrium fluctuations interacting with a spatially asymmetric potential are sufficient conditions to give rise to rectified transport. The nonequilibrium fluctuations act as a source of negentropy (physical information). Data...
Persistent link: https://www.econbiz.de/10010589159
In this paper, we quantify the statistical coherence between financial time series by means of the Rényi entropy. With the help of Campbell’s coding theorem, we show that the Rényi entropy selectively emphasizes only certain sectors of the underlying empirical distribution while strongly...
Persistent link: https://www.econbiz.de/10010591057
We study the problem of information transmission in complex cooperative systems to prove that adaptivity rather than diffusion is the main source of information transport at criticality. We adopt two different cooperative models, the two-dimensional Decision Making Model (DMM), and the...
Persistent link: https://www.econbiz.de/10011062869