Beyond Gaussian randomness: The Contribution of Entropy theory of information (notice n° 548030)
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| fixed length control field | 01804cam a2200253 4500500 |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20250121115030.0 |
| 041 ## - LANGUAGE CODE | |
| Language code of text/sound track or separate title | fre |
| 042 ## - AUTHENTICATION CODE | |
| Authentication code | dc |
| 100 10 - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Mahmoud, Imen |
| Relator term | author |
| 245 00 - TITLE STATEMENT | |
| Title | Beyond Gaussian randomness: The Contribution of Entropy theory of information |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Date of publication, distribution, etc. | 2023.<br/> |
| 500 ## - GENERAL NOTE | |
| General note | 53 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | The aim of this paper is to identify the contribution of information theory to the explanation of financial market behavior. We review the entropy theory of information and its main theoretical and practical implications in terms of its ability to measure uncertainty and describe densities in financial markets. A fundamental result of this theory is that it is not a theory of equilibrium, unlike that established by Grossman-Stiglitz (1980). Indeed, it does not assume that a company possesses a certain fundamental value that will be discovered by investors. Instead, the process of investors learning about a company’s value, accompanied by the process of understanding the technology and competitors, allows investors to determine the company’s value. The entropy framework defines the following characteristics: an explicit price discovery process, information asymmetry, communication via informative asset prices, varied investor beliefs, and costly information acquisition. |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | Uncertainty |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | Financial markets |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | Gaussian randomness |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | Information entropy |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | Uncertainty |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | Financial markets |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | Gaussian randomness |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | Information entropy |
| 786 0# - DATA SOURCE ENTRY | |
| Note | Recherches en Sciences de Gestion | o 158 | 5 | 2023-12-18 | p. 191-215 | 2259-6372 |
| 856 41 - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://shs.cairn.info/journal-recherches-en-sciences-de-gestion-2023-5-page-191?lang=en&redirect-ssocas=7080">https://shs.cairn.info/journal-recherches-en-sciences-de-gestion-2023-5-page-191?lang=en&redirect-ssocas=7080</a> |
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