{"id":"https://openalex.org/W1495280463","doi":null,"title":"Back to the future: economic rationality and maximum entropy prediction","display_name":"Back to the future: economic rationality and maximum entropy prediction","publication_year":2011,"publication_date":"2011-01-01","ids":{"openalex":"https://openalex.org/W1495280463","mag":"1495280463"},"language":"en","primary_location":{"id":"pmh:oai:RePEc:ukc:ukcedp:1202","doi":null,"is_oa":false,"landing_page_url":"https://www.kent.ac.uk/economics/repec/1202.pdf","pdf_url":"https://www.kent.ac.uk/economics/repec/1202.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},"volume":null,"type":"preprint","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"http://hdl.handle.net/10419/105557","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5006778682","display_name":"Sylvain Barde","orcid":"https://orcid.org/0000-0003-1465-8236","observed_orcids":["https://orcid.org/0000-0003-1465-8236"]},"institutions":[{"id":"https://openalex.org/I20581793","display_name":"University of Kent","ror":"https://ror.org/00xkeyj56","country_code":"GB","type":"education","lineage":["https://openalex.org/I20581793"]}],"countries":["GB"],"is_corresponding":true,"raw_author_name":"Sylvain Barde","raw_affiliation_strings":["University of Kent"],"raw_orcid":"https://orcid.org/0000-0003-1465-8236","affiliations":[{"raw_affiliation_string":"University of Kent","institution_ids":["https://openalex.org/I20581793"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5006778682"],"corresponding_institution_ids":["https://openalex.org/I20581793"],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":true,"cited_by_count":6,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11031","display_name":"Game Theory and Applications","score":0.38429999351501465,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11031","display_name":"Game Theory and Applications","score":0.38429999351501465,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11270","display_name":"Complex Systems and Time Series Analysis","score":0.24539999663829803,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12261","display_name":"Statistical Mechanics and Entropy","score":0.19519999623298645,"subfield":{"id":"https://openalex.org/subfields/3109","display_name":"Statistical and Nonlinear Physics"},"field":{"id":"https://openalex.org/fields/31","display_name":"Physics and Astronomy"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/maximum-entropy","display_name":"maximum entropy","score":0.8240000009536743},{"id":"https://openalex.org/keywords/economic-rationality","display_name":"economic rationality","score":0.9409999847412109},{"id":"https://openalex.org/keywords/equilibrium-prediction","display_name":"equilibrium prediction","score":0.8610000014305115},{"id":"https://openalex.org/keywords/knapsack-problem","display_name":"knapsack problem","score":0.8100000023841858},{"id":"https://openalex.org/keywords/congestion-games","display_name":"congestion games","score":0.9369999766349792},{"id":"https://openalex.org/keywords/nash-equilibrium","display_name":"Nash equilibrium","score":0.9610000252723694},{"id":"https://openalex.org/keywords/schelling-segregation-model","display_name":"Schelling segregation model","score":0.8759999871253967},{"id":"https://openalex.org/keywords/object-allocation","display_name":"object allocation","score":0.5590000152587891}],"concepts":[{"id":"https://openalex.org/C144237770","wikidata":"https://www.wikidata.org/wiki/Q747534","display_name":"Mathematical economics","level":1,"score":0.6426300406455994},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5990302562713623},{"id":"https://openalex.org/C201717286","wikidata":"https://www.wikidata.org/wiki/Q938185","display_name":"Rationality","level":2,"score":0.5954511761665344},{"id":"https://openalex.org/C106301342","wikidata":"https://www.wikidata.org/wiki/Q4117933","display_name":"Entropy (arrow of time)","level":2,"score":0.5900794863700867},{"id":"https://openalex.org/C9679016","wikidata":"https://www.wikidata.org/wiki/Q1417473","display_name":"Principle of maximum entropy","level":2,"score":0.5606687068939209},{"id":"https://openalex.org/C46814582","wikidata":"https://www.wikidata.org/wiki/Q23389","display_name":"Nash equilibrium","level":2,"score":0.534981906414032},{"id":"https://openalex.org/C113138325","wikidata":"https://www.wikidata.org/wiki/Q864457","display_name":"Knapsack problem","level":2,"score":0.4638405442237854},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.41515329480171204},{"id":"https://openalex.org/C126255220","wikidata":"https://www.wikidata.org/wiki/Q141495","display_name":"Mathematical optimization","level":1,"score":0.3335445523262024},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.08945634961128235},{"id":"https://openalex.org/C97355855","wikidata":"https://www.wikidata.org/wiki/Q11473","display_name":"Thermodynamics","level":1,"score":0.07490286231040955},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0}],"mesh":[],"locations_count":4,"locations":[{"id":"pmh:oai:RePEc:ukc:ukcedp:1202","doi":null,"is_oa":false,"landing_page_url":"https://www.kent.ac.uk/economics/repec/1202.pdf","pdf_url":"https://www.kent.ac.uk/economics/repec/1202.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:oai:econstor.eu:10419/105557","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/10419/105557","pdf_url":"http://hdl.handle.net/10419/105557","source":{"id":"https://openalex.org/S4306401696","display_name":"Econstor (Econstor)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"doc-type:workingPaper"},{"id":"mag:1495280463","doi":null,"is_oa":false,"landing_page_url":"https://kent.ac.uk/economics/documents/research/papers/2012/1202.pdf","pdf_url":null,"source":{"id":"https://openalex.org/S2764410526","display_name":"Studies in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Studies in Economics","raw_type":null},{"id":"mag:3144550367","doi":null,"is_oa":false,"landing_page_url":"https://econpapers.repec.org/RePEc:ukc:ukcedp:1202","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"RePEc: Research Papers in Economics","raw_type":null}],"best_oa_location":{"id":"pmh:oai:econstor.eu:10419/105557","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/10419/105557","pdf_url":"http://hdl.handle.net/10419/105557","source":{"id":"https://openalex.org/S4306401696","display_name":"Econstor (Econstor)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"doc-type:workingPaper"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W1495280463.pdf","grobid_xml":"https://content.openalex.org/works/W1495280463.grobid-xml"},"referenced_works_count":29,"referenced_works":["https://openalex.org/W1525912103","https://openalex.org/W1536520769","https://openalex.org/W1597666737","https://openalex.org/W1963815583","https://openalex.org/W1966474166","https://openalex.org/W1972190631","https://openalex.org/W1972764827","https://openalex.org/W1977578104","https://openalex.org/W1995875735","https://openalex.org/W2007180942","https://openalex.org/W2020126051","https://openalex.org/W2020601742","https://openalex.org/W2021010829","https://openalex.org/W2026665791","https://openalex.org/W2029050771","https://openalex.org/W2030385040","https://openalex.org/W2032558547","https://openalex.org/W2051533754","https://openalex.org/W2052958516","https://openalex.org/W2070673893","https://openalex.org/W2080988231","https://openalex.org/W2088012579","https://openalex.org/W2088336517","https://openalex.org/W2099111195","https://openalex.org/W2117653522","https://openalex.org/W2118725644","https://openalex.org/W2321374880","https://openalex.org/W2495467174","https://openalex.org/W2498852811"],"related_works":["https://openalex.org/W2150475636","https://openalex.org/W2791481200","https://openalex.org/W6903720704","https://openalex.org/W1982371353","https://openalex.org/W2098187411","https://openalex.org/W3040001107","https://openalex.org/W7138932800","https://openalex.org/W3162627743","https://openalex.org/W2754466741","https://openalex.org/W4401353200"],"abstract_inverted_index":{"An":[0],"information-theoretic":[1],"thought":[2],"experiment":[3],"is":[4,13,65,88],"developed":[5],"to":[6,36,39,74,93],"clarify":[7],"why":[8],"the":[9,17,47,69,78,94],"maximum":[10,72],"entropy":[11,73],"methodology":[12],"appropriate":[14],"for":[15],"predicting":[16],"equilibrium":[18,79],"state":[19],"of":[20,49,61,71,84,97],"economic":[21],"systems.":[22],"As":[23],"a":[24],"first":[25],"step,":[26],"object":[27],"allocation":[28],"problems,":[29,33],"modeled":[30],"as":[31],"knapsack":[32],"are":[34],"shown":[35],"be":[37],"equivalent":[38],"congestion":[40],"games":[41],"under":[42],"weak":[43],"assumptions.":[44],"This":[45],"proves":[46],"existence":[48,60],"finite":[50],"improvement":[51,63],"paths":[52,64],"linking":[53],"initial":[54],"conditions":[55],"and":[56],"Nash":[57],"equilibria.":[58],"The":[59],"these":[62],"precisely":[66],"what":[67],"enables":[68],"use":[70],"make":[75],"predictions":[76],"concerning":[77],"state.":[80],"Finally":[81],"an":[82,91],"illustration":[83],"this":[85],"predictive":[86],"power":[87],"provided":[89],"through":[90],"application":[92],"Schelling":[95],"model":[96],"segregation.":[98]},"counts_by_year":[{"year":2022,"cited_by_count":1},{"year":2012,"cited_by_count":5}],"updated_date":"2026-11-03T10:50:19.383937","created_date":"2016-06-24T00:00:00"}
