Pricing Interval European Option with the Principle of Maximum Entropy [PDF]
Entropy, 2019 This paper develops the interval maximum entropy model for the interval European option valuation by estimating an underlying asset distribution. The refined solution for the model is obtained by the Lagrange multiplier.
Xiao Liu +3 more
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Objective Bayesianism and the Maximum Entropy Principle [PDF]
Entropy, 2013 Objective Bayesian epistemology invokes three norms: the strengths of our beliefs should be probabilities; they should be calibrated to our evidence of physical probabilities; and they should otherwise equivocate sufficiently between the basic ...
Jon Williamson, Jürgen Landes
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About the maximum entropy principle in non equilibrium statistical mechanics [PDF]
, 2015 The maximum entropy principle (MEP) apparently allows us to derive, or justify, fundamental results of equilibrium statistical mechanics. Because of this, a school of thought considers the MEP as a powerful and elegant way to make predictions in physics ...
Gennaro Auletta +2 more
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Maximum entropy principle based estimation of performance distribution in queueing theory. [PDF]
PLoS ONE, 2014 In related research on queuing systems, in order to determine the system state, there is a widespread practice to assume that the system is stable and that distributions of the customer arrival ratio and service ratio are known information. In this study,
Dayi He, Ran Li, Qi Huang, Ping Lei
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Analysis of temporal correlation in heart rate variability through maximum entropy principle in a minimal pairwise glassy model. [PDF]
Sci Rep, 2020 Agliari E +6 more
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A Comparison of the Maximum Entropy Principle Across Biological Spatial Scales [PDF]
Entropy, 2019 Despite their differences, biological systems at different spatial scales tend to exhibit common organizational patterns. Unfortunately, these commonalities are often hard to grasp due to the highly specialized nature of modern science and the parcelled ...
Rodrigo Cofré +3 more
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Weak Scale From the Maximum Entropy Principle [PDF]
Progress of Theoretical and Experimental Physics, 2015 The theory of multiverse and wormholes suggests that the parameters of the Standard Model are fixed in such a way that the radiation of the $S^{3}$ universe at the final stage $S_{rad}$ becomes maximum, which we call the maximum entropy principle ...
Hamada, Yuta +2 more
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Using the Maximum Entropy Principle to Combine Simulations and Solution Experiments [PDF]
Computation, 2018 Molecular dynamics (MD) simulations allow the investigation of the structural dynamics of biomolecular systems with unrivaled time and space resolution.
Andrea Cesari +2 more
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Maximum Entropy Probability Density Principle in Probabilistic Investigations of Dynamic Systems [PDF]
Entropy, 2018 In this study, we consider a method for investigating the stochastic response of a nonlinear dynamical system affected by a random seismic process. We present the solution of the probability density of a single/multiple-degree of freedom (SDOF/MDOF ...
Jiří Náprstek, Cyril Fischer
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The maximum relative entropy principle [PDF]
, 2007 We show that the naive application of the maximum entropy principle can yield answers which depend on the level of description, i.e. the result is not invariant under coarse-graining. We demonstrate that the correct approach, even for discrete systems, requires maximization of the relative entropy with a suitable reference probability, which in some ...
Jayanth R. Banavar, Amos Maritan
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