Related papers: Excertos da Historia Keynesiana
This chapter offers an accessible introduction to the channel-based approach to Bayesian probability theory. This framework rests on algebraic and logical foundations, inspired by the methodologies of programming language semantics. It…
In this paper, we test predictions of a new theory of macroeconomics, called "thermal macroeconomics." The theory aims to apply the mathematical structure of classical thermodynamics, including analogues of temperature and entropy, to…
"Ever since the advent of modern quantum mechanics in the late 1920's, the idea has been prevalent that the classical laws of probability cease, in some sense, to be valid in the new theory. [...] The primary object of this presentation is…
Even today, the concept of entropy is perceived by many as quite obscure. The main difficulty is analyzed as being fundamentally due to the subjectivity and anthropocentrism of the concept that prevent us to have a sufficient distance to…
This paper fundamentally reformulates economic and financial theory to include electronic currencies. The valuation of the electronic currencies will be based on macroeconomic theory and the fundamental equation of monetary policy, not the…
There is currently a renewed interest in the Bayesian predictive approach to statistics. This paper offers a review on foundational concepts and focuses on predictive modeling, which by directly reasoning on prediction, bypasses inferential…
In this article we provide a substantial discussion on the statistical concept of conditional independence, which is not routinely mentioned in most elementary statistics and mathematical statistics textbooks. Under the assumption of…
Induction is typically formalized as a rule or axiom extension of the LK-calculus. While this extension of the sequent calculus is simple and elegant, proof transformation and analysis can be quite difficult. Theories with an induction…
Our computational economic analysis investigates the relationship between inequality, mobility and the financial accumulation process. Extending the baseline model by Levy et al., we characterise the economic process through stylised return…
This essay traces the history of three interconnected strands. Firstly, changes in the concept of number, secondly, the study of the qualities of number, which evolved into number theory, and thirdly, the nature of mathematics itself, from…
The statistical mechanics of Gibbs is a juxtaposition of subjective, probabilistic ideas on the one hand and objective, mechanical ideas on the other. In this paper, we follow the path set out by Jaynes, including elements added…
This paper offers a step towards research infrastructure, which makes data from experimental economics efficiently usable for analysis of web data. We believe that regularities of human behavior found in experimental data also emerge in…
In this thesis I present a short review of ideas in quantum information theory. The first chapter contains introductory material, sketching the central ideas of probability and information theory. Quantum mechanics is presented at the level…
Network economics is the study of a rich class of equilibrium problems that occur in the real world, from traffic management to supply chains and two-sided online marketplaces. In this paper we explore causal inference in network economics,…
Frequently we revise our first opinions after talking over with other individuals because we get convinced. Argumentation is a verbal and social process aimed at convincing. It includes conversation and persuasion. In this case, the…
The quest of this work is to present discussions of some fundamental questions of economics in the era of quantum technology, which require a treatment different from economics studied thus far in the literature. A study of quantum economic…
While previous sentiment analysis research has concentrated on the interpretation of explicitly stated opinions and attitudes, this work initiates the computational study of a type of opinion implicature (i.e., opinion-oriented inference)…
In this paper, following an elementary line of thought which somewhat differs from the usual one, we prove once more that any deterministic theory predictively equivalent to quantum mechanics unavoidably exhibits a contextual character. The…
Recent work on the logical structure of non-locality has constructed scenarios where observations of multi-partite systems cannot be adequately described by compositions of non-signaling subsystems. In this paper we apply these frameworks…
Causality is a subject of philosophical debate and a central scientific issue with a long history. In the statistical domain, the study of cause and effect based on the notion of `fairness' in comparisons dates back several hundred years,…