The working paper is concerning with the definition of IPE, a computable index measuring the intensity of the …

opportunity to apply the tools of statistical mechanics and information theory. The principle of maximum entropy can usually … Behavior and Economic Theory" — a maximum entropy argument in disguise — we introduce Peter Fielitz and Guenter Borchardt …'s concept of "information equilibrium" presented in arXiv:0905.0610v4 [physics.gen-ph] as a means of applying maximum entropy …

entropy from priors to posteriors, and it also connects naturally with a recent index of riskiness. -- informativeness … together with a price. We develop an index of the appeal of information transactions, which is derived as a dual to the agent …'s preferences for information. The index of information transactions has a simple analytic characterization in terms of the relative …

’s inequality index, Akaike’s information criterion, and the maximum entropy estimation method. Also, information theoretic concepts … happens and entropy is defined as the expected value of information. Some information applications in economics include Theil …