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Information theory provides ideas for conceptualising information and measuring relationships between objects. It has found wide application in the sciences, but economics and finance have made surprisingly little use of it. We show that…

Statistical Finance · Quantitative Finance 2013-05-02 Galen Sher , Pedro Vitoria

A great deal of effort has been devoted to reducing the risk of spurious scientific discoveries, from the use of sophisticated validation techniques, to deep statistical methods for controlling the false discovery rate in multiple…

Machine Learning · Computer Science 2016-03-03 Cynthia Dwork , Vitaly Feldman , Moritz Hardt , Toniann Pitassi , Omer Reingold , Aaron Roth

Modern data is messy and high-dimensional, and it is often not clear a priori what are the right questions to ask. Instead, the analyst typically needs to use the data to search for interesting analyses to perform and hypotheses to test.…

Machine Learning · Statistics 2019-10-09 Daniel Russo , James Zou

In statistical learning, a dataset is often partitioned into two parts: the training set and the holdout (i.e., testing) set. For instance, the training set is used to learn a predictor, and then the holdout set is used for estimating the…

Machine Learning · Computer Science 2019-11-05 Jun Zhao

The vast majority of the work on adaptive data analysis focuses on the case where the samples in the dataset are independent. Several approaches and tools have been successfully applied in this context, such as differential privacy,…

Machine Learning · Computer Science 2022-01-24 Aryeh Kontorovich , Menachem Sadigurschi , Uri Stemmer

Observations on the past provide some hints about what will happen in the future, and this can be quantified using information theory. The ``predictive information'' defined in this way has connections to measures of complexity that have…

Statistical Mechanics · Physics 2007-05-23 William Bialek , Naftali Tishby

There is an increasing concern that most current published research findings are false. The main cause seems to lie in the fundamental disconnection between theory and practice in data analysis. While the former typically relies on…

Machine Learning · Statistics 2019-03-06 Amedeo Roberto Esposito , Michael Gastpar , Ibrahim Issa

Conventional statistics begins with a model, and assigns a likelihood of obtaining any particular set of data. The opposite approach, beginning with the data and assigning a likelihood to any particular model, is explored here for the case…

Data Analysis, Statistics and Probability · Physics 2009-10-30 Timothy E. Holy

Many Artificial Intelligence systems depend on the agent's updating its beliefs about the world on the basis of experience. Experiments constitute one type of experience, so scientific methodology offers a natural environment for examining…

Artificial Intelligence · Computer Science 2013-04-08 Harold P. Lehmann

Finding interdependency relations between (possibly multivariate) time series provides valuable knowledge about the processes that generate the signals. Information theory sets a natural framework for non-parametric measures of several…

Information Theory · Computer Science 2016-02-09 German Gomez-Herrero , Wei Wu , Kalle Rutanen , Miguel C. Soriano , Gordon Pipa , Raul Vicente

Traditional statistical analysis requires that the analysis process and data are independent. By contrast, the new field of adaptive data analysis hopes to understand and provide algorithms and accuracy guarantees for research as it is…

Machine Learning · Computer Science 2017-03-22 Sam Elder

Reuse of data in adaptive workflows poses challenges regarding overfitting and the statistical validity of results. Previous work has demonstrated that interacting with data via differentially private algorithms can mitigate overfitting,…

Machine Learning · Computer Science 2025-11-13 Neil G. Marchant , Benjamin I. P. Rubinstein

We consider biological individuality in terms of information theoretic and graphical principles. Our purpose is to extract through an algorithmic decomposition system-environment boundaries supporting individuality. We infer or detect…

Populations and Evolution · Quantitative Biology 2014-12-09 David Krakauer , Nils Bertschinger , Eckehard Olbrich , Nihat Ay , Jessica C. Flack

Data-based decisionmaking must account for the manipulation of data by agents who are aware of how decisions are being made and want to affect their allocations. We study a framework in which, due to such manipulation, data becomes less…

Theoretical Economics · Economics 2022-12-29 Alex Frankel , Navin Kartik

The notion of replicable algorithms was introduced in Impagliazzo et al. [STOC '22] to describe randomized algorithms that are stable under the resampling of their inputs. More precisely, a replicable algorithm gives the same output with…

Machine Learning · Computer Science 2023-03-28 Mark Bun , Marco Gaboardi , Max Hopkins , Russell Impagliazzo , Rex Lei , Toniann Pitassi , Satchit Sivakumar , Jessica Sorrell

We develop the information-theoretical concepts required to study the statistical dependencies among three variables. Some of such dependencies are pure triple interactions, in the sense that they cannot be explained in terms of a…

Computation and Language · Computer Science 2015-09-02 Damián G. Hernández , Damián H. Zanette , Inés Samengo

Statistical analysis is an important tool to distinguish systematic from chance findings. Current statistical analyses rely on distributional assumptions reflecting the structure of some underlying model, which if not met lead to problems…

Statistics Theory · Mathematics 2023-11-15 Orestis Loukas , Ho Ryun Chung

Traditional reliability analysis has been using time to event data, degradation data, and recurrent event data, while the associated covariates tend to be simple and constant over time. Over the past years, we have witnessed the rapid…

Applications · Statistics 2019-08-27 Yueyao Wang , I-Chen Lee , Lu Lu , Yili Hong

We give a new proof of the "transfer theorem" underlying adaptive data analysis: that any mechanism for answering adaptively chosen statistical queries that is differentially private and sample-accurate is also accurate out-of-sample. Our…

Machine Learning · Computer Science 2024-06-05 Christopher Jung , Katrina Ligett , Seth Neel , Aaron Roth , Saeed Sharifi-Malvajerdi , Moshe Shenfeld

The present communication addresses a set of observations, obeying both deterministic as well as statistical formal requirements, and serving to operate within the framework of the dynamical systems theory, with a certain emphasis placed on…

Physics and Society · Physics 2017-06-30 Adam Gadomski , Marcel Ausloos , Tahlia Casey
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