Thermodynamics as a theory of decision-making with information-processing costs

DOI10.1098/RSPA.2012.0683zbMath1372.91080arXiv1204.6481OpenAlexW2101692583MaRDI QIDQ5362138

Daniel A. Braun, Pedro A. Ortega

Publication date: 29 September 2017

Published in: Proceedings of the Royal Society A: Mathematical, Physical and Engineering Sciences (Search for Journal in Brave)

Full work available at URL: https://arxiv.org/abs/1204.6481

Mathematics Subject Classification ID

Bayesian problems; characterization of Bayes procedures (62C10) Decision theory (91B06) Applications of statistical and quantum mechanics to economics (econophysics) (91B80) Classical and relativistic thermodynamics (80A10) General considerations in statistical decision theory (62C05)

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