We give an interpretation of the Maxi­ mum Entropy (MaxEnt) Principle in game­ theoretic terms. Based on this interpretation, we make a formal distinction between differ­ ent ways of applying Maximum Entropy dis­ tributions. MaxEnt has frequently been crit­ icized on the grounds that it leads to highly representation dependent results. Our dis­ tinction allows us to avoid this problem in many c...

various factors are engaged in broadening the culture and structures related to individualism, humanism and egoism which have provided humans with a uniform lifestyle leaving the religious in confrontation with their environs. in order to get out of this situation, the principles of a religious life must be read out and structured as ignoring any principle may have considerable qualitative and ...

among the important discourses in financial law are the issues related to financial institutions. going through these issues are of considerable significance in islamic law since the lawmaker prohibits specific types of transactions – usurious, risk taking, harmful. enquiry into the legitimacy and nature of new financial products is among the important ventures of islamic financial law. one of ...

This paper considers the main positions of one-sided and two-sided problems. For onesided problems only the method of solution “the distance to the ideal point” is discussed in the actual version. For two-sided problems a distinction is made between games with rational behaviour and games against nature. The main strategic principles are as follows: simple min-max principle, extended min-max pr...

as its first research and training centre and started work in Helsinki, Finland in 1985. The Institute undertakes applied research and policy analysis on structural changes affecting the developing and transitional economies, provides a forum for the advocacy of policies leading to robust, equitable and environmentally sustainable growth, and promotes capacity strengthening and training in the ...

This paper describes some of the issues related to constructing a dynamic microsimulation model. The paper considers the principle choices facing the model builder. These choices are whether the model should be probabilistic or incorporate behavioural response, whether model runs in discrete or continuous time, whether the model is open or closed, the extent to which static or dynamic ageing sh...

atmospheric circulation patterns are responsible for drought and flood occurrences around the globe specifically in moderate mid latitude climates. while some circulation patterns are responsible for wet spells and floods as well, the drought events can be attributed to some other circulation patterns. therefore, identification and distinction of dry/wet producing patterns and the geographical ...