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Turbulence theory is usually concerned with the statistical moments of the velocity or its fluctuations. One could also analyze the implicit probability distributions. This is the purview of information theory. Here we use information…

Chaotic Dynamics · Physics 2016-02-15 Rory T. Cerbus , Walter I. Goldburg

Information theory, though originally developed for communications engineering, provides mathematical tools with broad applications across science. These tools characterize the fundamental limits of data compression and transmission in the…

Information Theory · Computer Science 2026-03-09 Henry Pinkard , Laura Waller

The explicit link between Promise Theory and Information Theory, while perhaps obvious, is laid out explicitly here. It's shown how causally related observations of promised behaviours relate to the probabilistic formulation of causal…

Multiagent Systems · Computer Science 2020-04-28 Mark Burgess

In mathematics information is a number that measures uncertainty (entropy) based on a probabilistic distribution, often of an obscure origin. In real life language information is a datum, a statement, more precisely, a formula. But such a…

Artificial Intelligence · Computer Science 2022-05-17 Anatol Slissenko

Shannon's metric of "Entropy" of information is a foundational concept of information theory. This article is a primer for novices that presents an intuitive way of understanding, remembering, and/or reconstructing Shannon's Entropy metric…

Information Theory · Computer Science 2014-05-09 Sriram Vajapeyam

In information theory, one major goal is to find useful functions that summarize the amount of information contained in the interaction of several random variables. Specifically, one can ask how the classical Shannon entropy, mutual…

Information Theory · Computer Science 2025-02-14 Leon Lang , Pierre Baudot , Rick Quax , Patrick Forré

We determine the amount of information contained in a time series of price returns at a given time scale, by using a widespread tool of the information theory, namely the Shannon entropy, applied to a symbolic representation of this time…

Statistical Finance · Quantitative Finance 2022-08-26 Xavier Brouty , Matthieu Garcin

General characterization of physical measurements is discussed within the framework of a classical information theory. Uncertainty relation for simultaneous measurements of two physical observables is defined in this framework for…

Quantum Physics · Physics 2012-12-18 Yoshimasa Kurihara

We consider probabilistic theories in which the most elementary system, a two-dimensional system, contains one bit of information. The bit is assumed to be contained in any complete set of mutually complementary measurements. The…

Quantum Physics · Physics 2009-07-10 Caslav Brukner , Anton Zeilinger

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

The logical basis for information theory is the newly developed logic of partitions that is dual to the usual Boolean logic of subsets. The key concept is a "distinction" of a partition, an ordered pair of elements in distinct blocks of the…

Information Theory · Computer Science 2013-01-29 David Ellerman

Information theory is a practical and theoretical framework developed for the study of communication over noisy channels. Its probabilistic basis and capacity to relate statistical structure to function make it ideally suited for studying…

Neurons and Cognition · Quantitative Biology 2015-01-09 Simon R. Schultz , Robin A. A. Ince , Stefano Panzeri

The concept of entropy, firstly introduced in information theory, rapidly became popular in many applied sciences via Shannon's formula to measure the degree of heterogeneity among observations. A rather recent research field aims at…

Methodology · Statistics 2017-03-20 Linda Altieri , Daniela Cocchi , Giulia Roli

We introduce algorithmic information theory, also known as the theory of Kolmogorov complexity. We explain the main concepts of this quantitative approach to defining `information'. We discuss the extent to which Kolmogorov's and Shannon's…

Information Theory · Computer Science 2008-09-17 Peter D. Grunwald , Paul M. B. Vitanyi

Shannon information theory provides various measures of so-called "syntactic information", which reflect the amount of statistical correlation between systems. In contrast, the concept of "semantic information" refers to those correlations…

Statistical Mechanics · Physics 2022-11-22 Artemy Kolchinsky , David H. Wolpert

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

It is shown that the standard expression for the information entropy, originally due to Shannon, is only valid for a particular set of states. For the general case of statistical mechanics, one needs to include an additional term in the…

Statistical Mechanics · Physics 2012-09-26 Phil Attard

Information theory is a powerful framework for quantifying complexity, uncertainty, and dynamical structure in time-series data, with widespread applicability across disciplines such as physics, finance, and neuroscience. However, the…

Information Theory · Computer Science 2026-01-26 Annie G. Bryant , Oliver M. Cliff , James M. Shine , Ben D. Fulcher , Joseph T. Lizier

An essential role of information in microscopic thermodynamics (e.g. Maxwell's demon) opens a challenging question if there exists a formulation of the second law of thermodynamics based only on pure information ideas. Here, such a…

Statistical Mechanics · Physics 2022-04-29 Miroslav Holeček

Information theory is built on probability measures and by definition a probability measure has total mass 1. Probability measures are used to model uncertainty, and one may ask how important it is that the total mass is one. We claim that…

Information Theory · Computer Science 2022-02-08 Peter Harremoës
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