Loss of information in the transformations of coin tossing (Q850978)

Let \((\varepsilon_n)_{n\in\mathbb{Z}}\) be a sequence of independent, identically distributed random variables, having their distribution equal to \({1\over 2}(\delta_{-1}+ \delta_1)\) and let \((H_n)_{n\in\mathbb{Z}}\) be a process with the state space \(\{-1,1\}\) predictable in the natural filtering \((F^\varepsilon_n)_{n\in\mathbb{Z}}\) of \((\varepsilon_n)_{n\in\mathbb{Z}}\). The authors establish conditions under which the filtering \((F^{H_\varepsilon}_n)_{n\in\mathbb{Z}}\) is equal with the \((F^\varepsilon_n)_{n\in\mathbb{Z}}\) filtering. They also study the existence of a random variable \(U\), independent with \(F^\varepsilon_\infty\) so that \(F^{H_\varepsilon}_n\vee\sigma(u)= F^\varepsilon_\infty\), and find conditions under which the information contained in \(U\) is equivalent with the information contained in a finite number of independent bits.