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optimizer. The mathematical motivation for such hybrid networks is presented, using the Kolmogorov theory of metric entropy. …
Persistent link: https://www.econbiz.de/10005843728
We outline a martingale duality method for determining the minimal entropy martingale measure in a general continuous …
Persistent link: https://www.econbiz.de/10005858499
The laws of thermodynamics constrain transformation of materials and energy, and thus have implications for material and energy use in the economy, for environmental impact, and for policy. This paper provides an overview over the applications of concepts from thermodynamics in economics at the...
Persistent link: https://www.econbiz.de/10005871020
Assuming the existence of Hegel‟s consistent overall picture of the concept of entropy, the author transfers the … physical term of entropy into economics and sociology and illuminates the relevance of second law of thermodynamics within both … meaning of physical terms and measures into equivalent ones of economics and sociology. Result: The change of entropy within a …
Persistent link: https://www.econbiz.de/10009005027
. Lazoda (1999): Economics, Entropy and the Environment: The Extraordinary Economics of Nicholas Georgescu-Roegen, Edward Elgar …
Persistent link: https://www.econbiz.de/10009005028
Wenn das Thema „Welt“ nicht nur naturwissenschaftlich-analytisch, sondernals ein Projekt „Welt“ auch technikwissenschaftlich-synthetisch betrachtetwird, dann ist ein neuartiges und diskutierbares Gesamtbild vom Entstehen,Bestehen und (Nicht-)Vergehen unserer Welt entwickelbar....
Persistent link: https://www.econbiz.de/10009418766
contribution we follow these ideas, but use an information theoretical inferencemechanism under Maximum Entropy and Minimum … Relative Entropy, respectively... …
Persistent link: https://www.econbiz.de/10005865168
densities using the principle of maximum entropy. For the case ofidentically and independently distributed returns, we easily …
Persistent link: https://www.econbiz.de/10005866785
Bayes-Nets are a suitable means for probabilistic inference. Such nets are very restricted concerning the communicationlanguage with the user, however. MinREnt-inference in a conditional environment is a powerfulcounterpart to this concept. Here conditional expressions of high complexity instead...
Persistent link: https://www.econbiz.de/10005868038
’look’ on an epistemic state, as the entropy does,but also ’looks’ into an epistemic state. First the argumentswill be …
Persistent link: https://www.econbiz.de/10005868045