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Forecasting with Maximum Entropy: The interface between physics, biology, economics and information theory

Forecasting with Maximum Entropy: The interface between physics, biology, economics and information theory

Hardcover

Series: Iop eBooks

Environmental StudiesPhysicsProbability & Statistics

ISBN10: 0750339292
ISBN13: 9780750339292
Publisher: Institute of Physics Publishing
Published: Nov 25 2022
Pages: 275
Weight: 1.33
Height: 0.56 Width: 7.00 Depth: 10.00
Language: English

This book aims at providing a unifying framework, based on Information Entropy and its maximization, to connect the phenomenology of evolutionary biology, community ecology, financial economics, and statistical physics. This more comprehensive view, besides providing further insight into problems, enables problem-solving strategies by applying proven methods in one discipline to formally similar problems in other areas. The book also proposes a forecasting method for important practical problems in these disciplines and is directed to researchers, students and practitioners working on modelling the dynamics of complex systems.

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Probability & Statistics