We apply the maximum entropy principle to economic systems in equilibrium and find the density function for the market's wealth. This is the same as price density which is used for insurance pricing. The risk aversion parameter of the agent then it's utility function with respect to this density is derived.
The notion of entropy is described in its application to an economy. Its similar and different featu...
Information measures arise in many disciplines, including forecasting (where scoring rules are used ...
The purpose of this M.A. thesis was to introduce the concept of entropy and then show the Principle ...
Recently we used the maximum entropy principle for finding the price density in a multi agent insura...
The maximum entropy principle can be used to assign utility values when only partial information is ...
179 p.Thesis (Ph.D.)--University of Illinois at Urbana-Champaign, 2007.This dissertation studies den...
A coherent statistical methodology is necessary for analyzing and understanding complex economic sys...
Traditionally, the Maximum Entropy technique is used to select a probability distribution in situati...
This article revisits the maximum entropy algorithm in the context of recovering the probability dis...
Abstract:- Maximum entropy (MaxEnt) principle is a method for analyzing the available information in...
The paper aims to study the importance and equivalence of the principles of maximum-entropy, and suf...
Entropy is a central concept of statistical mechanics, which is the main branch of physics that unde...
This thesis is a formal presentation of entropy and related principles as they relate to probability...
International audienceThe basic idea of the maximum entropy principle is presented in a succinct, se...
In this paper, the continuous optimal control theory is used to model and solve the maximum entropy ...
The notion of entropy is described in its application to an economy. Its similar and different featu...
Information measures arise in many disciplines, including forecasting (where scoring rules are used ...
The purpose of this M.A. thesis was to introduce the concept of entropy and then show the Principle ...
Recently we used the maximum entropy principle for finding the price density in a multi agent insura...
The maximum entropy principle can be used to assign utility values when only partial information is ...
179 p.Thesis (Ph.D.)--University of Illinois at Urbana-Champaign, 2007.This dissertation studies den...
A coherent statistical methodology is necessary for analyzing and understanding complex economic sys...
Traditionally, the Maximum Entropy technique is used to select a probability distribution in situati...
This article revisits the maximum entropy algorithm in the context of recovering the probability dis...
Abstract:- Maximum entropy (MaxEnt) principle is a method for analyzing the available information in...
The paper aims to study the importance and equivalence of the principles of maximum-entropy, and suf...
Entropy is a central concept of statistical mechanics, which is the main branch of physics that unde...
This thesis is a formal presentation of entropy and related principles as they relate to probability...
International audienceThe basic idea of the maximum entropy principle is presented in a succinct, se...
In this paper, the continuous optimal control theory is used to model and solve the maximum entropy ...
The notion of entropy is described in its application to an economy. Its similar and different featu...
Information measures arise in many disciplines, including forecasting (where scoring rules are used ...
The purpose of this M.A. thesis was to introduce the concept of entropy and then show the Principle ...
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