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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Remarks on the Maximum Entropy Principle with Application to the Maximum Entropy Theory of Ecology [PDF]
Entropy, 2017 In the first part of the paper we work out the consequences of the fact that Jaynes’ Maximum Entropy Principle, when translated in mathematical terms, is a constrained extremum problem for an entropy function H ( p ) expressing the uncertainty ...
Marco Favretti
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Causal versions of maximum entropy and principle of insufficient reason [PDF]
Journal of Causal Inference, 2021 The principle of insufficient reason (PIR) assigns equal probabilities to each alternative of a random experiment whenever there is no reason to prefer one over the other.
Janzing Dominik
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A Story and a Recommendation about the Principle of Maximum Entropy Production [PDF]
Entropy, 2009 The principle of maximum entropy production (MEP) is the subject of considerable academic study, but has yet to become remarkable for its practical applications.
Garth W. Paltridge
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On the Entropy and the Maximum Entropy Principle of Uncertain Variables
Entropy, 2023 A new variance formula is developed using the generalized inverse of an increasing function. Based on the variance formula, a new entropy formula for any uncertain variable is provided.
Yujun Liu, Guanzhong Ma
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Confidence Interval Estimation for Precipitation Quantiles Based on Principle of Maximum Entropy [PDF]
Entropy, 2019 The principle of maximum entropy (POME) has been used for a variety of applications in hydrology, however it has not been used in confidence interval estimation.
Ting Wei, Songbai Song
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Microcanonical origin of the maximum entropy principle for open systems [PDF]
Physical Review E, 2012 12 pages, no ...
Julian, Lee, Steve, Pressé
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Transport of Charged Particles: Entropy Production and Maximum Dissipation Principle [PDF]
Journal of Mathematical Analysis and Applications, 2014 In order to describe the dynamics of crowded ions (charged particles), we use an energetic variation approach to derive a modified Poisson-Nernst-Planck (PNP) system which includes an extra dissipation due to the effective velocity differences between ion species.
Chia-Yu Hsieh +4 more
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The maximum entropy principle and the nature of fractals [PDF]
Physica A: Statistical Mechanics and its Applications, 1998 7 pages, RevTex, includes 2 PS ...
Pastor Satorras, Romualdo +1 more
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Trade-Off Between Entropy and Gini Index in Income Distribution [PDF]
EntropyWe investigate the fundamental trade-off between entropy and the Gini index within income distributions, employing a stochastic framework to expose deficiencies in conventional inequality metrics.
Demetris Koutsoyiannis +1 more
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