optimizer. The mathematical motivation for such hybrid networks is presented, using the Kolmogorov theory of metric entropy. …

We outline a martingale duality method for determining the minimal entropy martingale measure in a general continuous …

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 …

Ausgangspunkt ist der Begriff der physikalischen Entropie1, wie er in der Arbeit von T. Randolph Beard und Gabriel A …. Lazoda (1999): Economics, Entropy and the Environment: The Extraordinary Economics of Nicholas Georgescu-Roegen, Edward Elgar … Entropie eines Systems, Symbol dS, definiert als die Veränderung eines reversiblen Wärmeflusses in einem System (oder in einem …

’look’ on an epistemic state, as the entropy does,but also ’looks’ into an epistemic state. First the argumentswill be …

In modern portfolio theory like that of Markowitz or Sharpe the investor follows amean/variance-rationality. Even the … founders of this theory observed unsatisfactory resultsbecause of symmetrical risk measures like variance or standard deviation … contribution we follow these ideas, but use an information theoretical inferencemechanism under Maximum Entropy and Minimum …

densities using the principle of maximum entropy. For the case ofidentically and independently distributed returns, we easily …