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We review of the interface between (theoretical) physics and information for non-experts. The origin of information as related to the notion of entropy is described, first in the context of thermodynamics then in the context of statistical…

Classical Physics · Physics 2007-12-18 F. Alexander Bais , J. Doyne Farmer

We propose to examine the predictability and the complexity characteristics of the Standard&Poor500 dynamics behaviors in a coarse-grained way using the symbolic dynamics method and under the prism of the Information theory through the…

Statistical Finance · Quantitative Finance 2021-05-11 Geoffrey Ducournau

The significance of statistical physics concepts such as entropy extends far beyond classical thermodynamics. We interpret the similarity between partitions in statistical mechanics and partitions in Bayesian inference as an articulation of…

Extraction of structure, in particular of group symmetries, is increasingly crucial to understanding and building intelligent models. In particular, some information-theoretic models of parsimonious learning have been argued to induce…

Information Theory · Computer Science 2025-07-08 Hippolyte Charvin , Nicola Catenacci Volpi , Daniel Polani

When we extract information from a system by performing a quantum measurement, the state of the system is disturbed due to the backaction of the measurement. Numerous studies have been performed to quantitatively formulate tradeoff…

Quantum Physics · Physics 2016-04-06 Tomohiro Shitara , Yui Kuramochi , Masahito Ueda

We analyze the relative price change of assets starting from basic supply/demand considerations subject to arbitrary motivations. The resulting stochastic differential equation has coefficients that are functions of supply and demand. We…

Theoretical Economics · Economics 2020-08-26 Carey Caginalp , Gunduz Caginalp

Probability distributions can be read as simple expressions of information. Each continuous probability distribution describes how information changes with magnitude. Once one learns to read a probability distribution as a measurement scale…

Other Statistics · Statistics 2016-03-01 Steven A. Frank

This paper presents a general theory that aims at explaining timescales observed empirically in technology transitions and predicting those of future transitions. This framework is used further to derive a theory for exploring the dynamics…

Dynamical Systems · Mathematics 2013-04-16 Jean-Francois Mercure

Large variations in stock prices happen with sufficient frequency to raise doubts about existing models, which all fail to account for non-Gaussian statistics. We construct simple models of a stock market, and argue that the large…

Condensed Matter · Physics 2015-06-25 P. Bak , M. Paczuski , M. Shubik

Thermodynamics is based on the notions of energy and entropy. While energy is the elementary quantity governing physical dynamics, entropy is the fundamental concept in information theory. In this work, starting from first principles, we…

Statistical Mechanics · Physics 2017-10-25 Bernhard Altaner

Stochastic chains represent a wide and key variety of phenomena in many branches of science within the context of Information Theory and Thermodynamics. They are typically approached by a sequence of independent events or by a memoryless…

Statistical Mechanics · Physics 2017-03-06 J. Ricardo Arias-Gonzalez

Physical systems that power motion and create structure in a fixed amount of time dissipate energy and produce entropy. Whether living or synthetic, systems performing these dynamic functions must balance dissipation and speed. Here, we…

Statistical Mechanics · Physics 2020-12-18 Schuyler B. Nicholson , Luis Pedro Garcia-Pintos , Adolfo del Campo , Jason R. Green

This paper provides a perspective on applying the concepts of information thermodynamics, developed recently in non-equilibrium statistical physics, to problems in theoretical neuroscience. Historically, information and energy in…

Neurons and Cognition · Quantitative Biology 2024-09-27 Jan Karbowski

Biological evolution is realised through the same mechanisms of birth and death that underlie change in population density. The deep interdependence between ecology and evolution is well-established, and recent models focus on integrating…

Populations and Evolution · Quantitative Biology 2025-10-14 A. Bradley Duthie , Victor J. Luque

Information theory is a mathematical theory of learning with deep connections with topics as diverse as artificial intelligence, statistical physics, and biological evolution. Many primers on information theory paint a broad picture with…

Information Theory · Computer Science 2019-03-26 Philip Chodrow

These lectures deal with the problem of inductive inference, that is, the problem of reasoning under conditions of incomplete information. Is there a general method for handling uncertainty? Or, at least, are there rules that could in…

Data Analysis, Statistics and Probability · Physics 2016-09-08 Ariel Caticha

Motivated by recent understandings in the stochastic natures of gene expression, biochemical signaling, and spontaneous reversible epigenetic switchings, we study a simple deterministic cell population dynamics in which subpopulations grow…

Populations and Evolution · Quantitative Biology 2014-08-04 Hong Qian

Many studies assume stock prices follow a random process known as geometric Brownian motion. Although approximately correct, this model fails to explain the frequent occurrence of extreme price movements, such as stock market crashes. Using…

Statistical Finance · Quantitative Finance 2015-05-14 Miguel A. Fuentes , Austin Gerig , Javier Vicente

I argue here that both the first and second laws of thermodynamics, generally understood to be quintessentially physical in nature, can be equally well described as being about certain types of information without the need to invoke…

Data Analysis, Statistics and Probability · Physics 2013-10-02 V. J. Vieland

This work aims to rigorously define the values of perception, prediction, communication, and common sense in decision making. The defined quantities are decision-theoretic, but have information-theoretic analogues, e.g., they share some…

Information Theory · Computer Science 2026-01-13 Aolin Xu