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The Price equation shows the unity between the fundamental expressions of change in biology, in information and entropy descriptions of populations, and in aspects of thermodynamics. The Price equation partitions the change in the average…

Statistical Mechanics · Physics 2017-05-23 Steven A. Frank

The fundamental equations of various disciplines often seem to share the same basic structure. Natural selection increases information in the same way that Bayesian updating increases information. Thermodynamics and the forms of common…

Populations and Evolution · Quantitative Biology 2018-12-18 Steven A. Frank

A recent article in Nature Physics unified key results from thermodynamics, statistics, and information theory. The unification arose from a general equation for the rate of change in the information content of a system. The general…

Populations and Evolution · Quantitative Biology 2023-12-27 Steven A. Frank , Frank J. Bruggeman

The Price equation partitions the change in the expected value of a population measure. The first component describes the partial change caused by altered frequencies. The second component describes the partial change caused by altered…

Populations and Evolution · Quantitative Biology 2020-03-23 Steven A. Frank , William Godsoe

The Price equation partitions total evolutionary change into two components. The first component provides an abstract expression of natural selection. The second component subsumes all other evolutionary processes, including changes during…

Populations and Evolution · Quantitative Biology 2012-05-21 Steven A. Frank

George Price introduced his famous equation to study selective and environmental effects in discrete populations. We extend Price's framework to the measurable and quantum cases, decomposing all evolutionary processes into selective and…

Probability · Mathematics 2022-12-06 Tom LaGatta

I develop a framework for interpreting the forces that act on any population described by frequencies. The conservation of total frequency, or total probability, shapes the characteristics of force. I begin with Fisher's fundamental theorem…

Populations and Evolution · Quantitative Biology 2015-10-21 Steven A. Frank

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

The equations of evolutionary change by natural selection are commonly expressed in statistical terms. Fisher's fundamental theorem emphasizes the variance in fitness. Quantitative genetics expresses selection with covariances and…

Populations and Evolution · Quantitative Biology 2012-11-20 Steven A. Frank

Diverse learning algorithms, optimization methods, and natural selection share a common mathematical structure, despite their apparent differences. Here I show that a simple notational partitioning of change by the Price equation reveals a…

Machine Learning · Computer Science 2025-11-05 Steven A. Frank

A major challenge of interdisciplinary description of complex system behaviour is whether real systems of higher complexity levels can be understood with at least the same degree of objective, "scientific" rigour and universality as…

General Physics · Physics 2014-05-27 Andrei P. Kirilyuk

This paper consists of two parts. In the first part, we develop a new information theory, in which it is not a coincidence that information and physical entropy share the same mathematical formula. It is an adaptation of mind to help search…

Information Theory · Computer Science 2007-07-13 Jing Chen

Dynamics, the study of change, is normally the subject of mechanics. Whether the chosen mechanics is ``fundamental'' and deterministic or ``phenomenological'' and stochastic, all changes are described relative to an external time. Here we…

Mathematical Physics · Physics 2009-10-31 Ariel Caticha

In general it is not clear which kind of information is supposed to be used for calculating the fair value of a contingent claim. Even if the information is specified, it is not guaranteed that the fair value is uniquely determined by the…

General Finance · Quantitative Finance 2016-02-01 Gabriel Frahm

In economics, there are many ways to describe the interaction between a "seller" and a "buyer". The most common one, with which we interact almost every day, is selling for a fixed price. This option is perfect for selling a mass product,…

General Finance · Quantitative Finance 2024-07-10 O. A. Malafeyev , I. E. Khomenko

In financial markets valuable information is rarely circulated homogeneously, because of time required for information to spread. However, advances in communication technology means that the 'lifetime' of important information is typically…

Pricing of Securities · Quantitative Finance 2011-08-05 Dorje C. Brody , Yan Tai Law

Symmetry, irreversibility, and quantum coherence are foundational concepts in physics. Here, we present a universal tradeoff relation between these three concepts. This particularly reveals that (1) under a global symmetry, any attempt to…

Quantum Physics · Physics 2025-01-29 Hiroyasu Tajima , Ryuji Takagi , Yui Kuramochi

Biological approximations, which are universal for diverse species, are well known. With no other experimental data, their invariance to transformations from one species to another yields exact conservation (with respect to biological…

Statistical Mechanics · Physics 2007-05-23 Mark Ya. Azbel'

The universal symmetry, or conservation, of complexity underlies any law or principle of system dynamics and describes the unceasing transformation of dynamic information into dynamic entropy as the unique way to conserve their sum, the…

General Physics · Physics 2014-05-15 Andrei P. Kirilyuk

The fundamental impasses and ruptures in various domains of the canonical, unitary science, or the 'end of science', become the more and more evident. The natural unity of being is recovered within a universal nonperturbative method leading…

General Physics · Physics 2007-05-23 Andrei P. Kirilyuk
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