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potential increased vulnerability in economic systems. To do so we draw on concepts from information theory, robust system … potentielle accrue au sein des systèmes économiques. Pour ce faire, nous nous appuyons sur les concepts issus de la théorie de l'information …
Persistent link: https://www.econbiz.de/10005027208
d'optimisation défini sur l'ensemble des distributions de probabilités sous contraintes d'entropie. Cette article offre …
Persistent link: https://www.econbiz.de/10011072800
CitationID="CR19">1948</CitationRef>) definition of information. We introduce this measure and argue that increasing information … events—more places or locations, information increases, all other things being equal. But sometimes the distribution changes … at a faster rate than the number of events and thus information can decrease even if a city grows. We develop these ideas …
Persistent link: https://www.econbiz.de/10010989755
and redesigned using entropy. The assessment procedure was based on expressing transinformation as a function of distance …
Persistent link: https://www.econbiz.de/10010847417
Persistent link: https://www.econbiz.de/10005292322
Persistent link: https://www.econbiz.de/10005381856
The spatial availability of information as a determinant of consumer choice and export sales is analyzed along with … specifications; a pair-wise model of information dominance and a spatially dispersed information model for consumers located in … different market areas. Model estimates of the role of spatial availability of information, market power, distance, and populati …
Persistent link: https://www.econbiz.de/10005382036
both their entropy and information content. In addition, the relation between stability and functionality, stability and … reactions mainly the Lotka-Volterra and the Schlögl equations were discussed in terms of phase change, entropy, and their … philosophy to counteract the increase of entropy in the universe. …
Persistent link: https://www.econbiz.de/10009352259
Economists have studied for a long time how decision-makers allocate scarce resources. The recent literature on rational inattention studies how decision-makers allocate the scarce resource attention. The idea is that decision-makers have a limited amount of attention and have to decide how to...
Persistent link: https://www.econbiz.de/10009395648
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