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We formulate one methodology to put a value or price on knowledge using well accepted techniques from finance. We provide justifications for these finance principles based on the limitations of the physical world we live in. We start with…

General Finance · Quantitative Finance 2021-02-02 Ravi Kashyap

Just like everything in the nature, scientific topics flourish and perish. While existing literature well captures article's life-cycle via citation patterns, little is known about how scientific popularity and impact evolves for a specific…

Social and Information Networks · Computer Science 2021-06-09 Luoyi Fu , Dongrui Lu , Qi Li , Xinbing Wang , Chenghu Zhou

There are three ways to conceptualize entropy: entropy as an extensive thermodynamic quantity of physical systems (Clausius, Boltzmann, Gibbs), entropy as a measure for information production of ergodic sources (Shannon), and entropy as a…

Statistical Mechanics · Physics 2018-11-05 Stefan Thurner , Bernat Corominas-Murtra , Rudolf Hanel

We define the "entropy of ignorance" which quantifies the entropy associated with ability to perform only a partial set of measurement on a quantum system. For a parton model the entropy of ignorance is equal to a Boltzmann entropy of a…

High Energy Physics - Phenomenology · Physics 2020-03-05 Haowu Duan , Candost Akkaya , Alex Kovner , Vladimir V. Skokov

After data selection, pre-processing, transformation, and feature extraction, knowledge extraction is not the final step in a data mining process. It is then necessary to understand this knowledge in order to apply it efficiently and…

Machine Learning · Computer Science 2016-05-23 Dominik Fisch , Christian Gruhl , Edgar Kalkowski , Bernhard Sick , Seppo J. Ovaska

The human brain is the substrate for human intelligence. By simulating the human brain, artificial intelligence builds computational models that have learning capabilities and perform intelligent tasks approaching the human level. Deep…

Neurons and Cognition · Quantitative Biology 2024-02-20 Barco Jie You

Organizations generate vast amounts of interconnected content across various platforms. While language models enable sophisticated reasoning for use in business applications, retrieving and contextualizing information from organizational…

Information Retrieval · Computer Science 2025-04-11 Adam McCabe , Matthew H. Chequers

This paper presents an argument for why we are not measuring trust sufficiently in explainability, interpretability, and transparency research. Most studies ask participants to complete a trust scale to rate their trust of a model that has…

Human-Computer Interaction · Computer Science 2022-09-05 Tim Miller

Entropy measures quantify the amount of information and correlation present in a quantum system. In practice, when the quantum state is unknown and only copies thereof are available, one must resort to the estimation of such entropy…

Quantum Physics · Physics 2024-03-27 Ziv Goldfeld , Dhrumil Patel , Sreejith Sreekumar , Mark M. Wilde

In research policy, effective measures that lead to improvements in the generation of knowledge must be based on reliable methods of research assessment, but for many countries and institutions this is not the case. Publication and citation…

Digital Libraries · Computer Science 2018-07-20 Alonso Rodriguez-Navarro , Ricardo Brito

Inspired by foundational studies in classical and quantum physics, and by information retrieval studies in quantum information theory, we prove that the notions of 'energy' and 'entropy' can be consistently introduced in human language and,…

Neurons and Cognition · Quantitative Biology 2023-02-27 Diederik Aerts , Jonito Aerts Arguëlles , Lester Beltran , Sandro Sozzo

We use entropy to characterize intrinsic ageing properties of the human brain. Analysis of fMRI data from a large dataset of individuals, using resting state BOLD signals, demonstrated that a functional entropy associated with brain…

Quantitative Methods · Quantitative Biology 2014-06-10 Y. Yao , W. L. Lu , B. Xu , C. B. Li , C. P. Lin , D. Waxman , J. F. Feng

Large language models (LLMs) often fail to recognize their knowledge boundaries, producing confident yet incorrect answers. In this paper, we investigate how knowledge popularity affects LLMs' ability to perceive their knowledge boundaries.…

Computation and Language · Computer Science 2025-05-26 Shiyu Ni , Keping Bi , Jiafeng Guo , Xueqi Cheng

The ``Gibbs Paradox'' refers to several related questions concerning entropy in thermodynamics and statistical mechanics: whether it is an extensive quantity or not, how it changes when identical particles are mixed, and the proper way to…

Statistical Mechanics · Physics 2009-11-07 Chih-Yuan Tseng , Ariel Caticha

We introduce a method to measure uncertainty in large language models. For tasks like question answering, it is essential to know when we can trust the natural language outputs of foundation models. We show that measuring uncertainty in…

Computation and Language · Computer Science 2023-04-18 Lorenz Kuhn , Yarin Gal , Sebastian Farquhar

In this paper, a method of measuring the entropy is presented. Problems related to the entropy and the heat are also discussed.

General Physics · Physics 2007-05-23 Bin Zhou

Entropy concept was introduced by Clausius 160 years ago, and has been continually enriched, developed and interpreted by the researchers in many different scientific disciplines ever since. Thermodynamics and other scientific disciplines…

Chemical Physics · Physics 2017-11-21 Marko Popovic

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

Although large language models (LLMs) excel in knowledge recall and reasoning, their static nature leads to outdated information as the real world evolves or when adapting to domain-specific knowledge, highlighting the need for effective…

Computation and Language · Computer Science 2025-04-02 Ruoxi Xu , Yunjie Ji , Boxi Cao , Yaojie Lu , Hongyu Lin , Xianpei Han , Ben He , Yingfei Sun , Xiangang Li , Le Sun

The method of maximum entropy has been very successful but there are cases where it has either failed or led to paradoxes that have cast doubt on its general legitimacy. My more optimistic assessment is that such failures and paradoxes…

Data Analysis, Statistics and Probability · Physics 2015-06-12 Ariel Caticha
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