Journal Menu► ▼ Journal Menu
Journal Browser► ▼ Journal Browser
Special Issue "Information Theory, Social Inquiry, and Economic Analysis: History and Recent Developments"
Deadline for manuscript submissions: closed (30 June 2019).
Interests: economics; physics; ecology; money; complexity and statistical reasoning; problems of social coordination
A growing literature in economics, political economy, and broader social inquiry has offered a wide range of applications of concepts and tools from information theory. These have included the development of estimation methods in econometrics; the use of statistical equilibria and informational constraints in Walrasian and game-theoretic characterizations of individual behavior, social interaction, and market functioning; uses of the principle of maximum entropy to characterize the form and social content of persistently observed cross-sectional distributional forms in economic data; and the use of informational measures of heterogeneity and association to measure systemic patterns of discrimination and segregation in socio-economic outcomes.
Despite the breadth of these applications, there is no generally accepted understanding of why and how concepts like entropy, relative entropy, mutual information, and informational gains may be useful to economic and social analysis, or of the reasonable scopes within which their use may further our understanding of economic behavior and of the functioning of economic and social systems. This absence has, so far, limited the capacity of this promising literature to make a significant impact in contemporary economic and social thought.
By gathering papers discussing both the historically influential contributions to this literature and more recent, innovative applications and interpretations, This Special Issue aims to promote debate on the bases, problems, and benefits of the use of information-theoretic concepts in economic analysis and broader social inquiry. In line with this objective, topics of interest include (but are not limited to) the following:
- Statistical-equilibrium models of markets and economic systems
- Inattention and economic behavior
- Informational constraints, game theory, and social interaction
- Information theoretic instruments in statistical estimation
- Complexity and self-organization in economic and broader social systems
- Mutual information, segregation, and discrimination in social and economic systems
- Conceptual and methodological problems in the applications of information-theoretic tools in economic and social analysis.
Prof. Duncan Foley
Dr. Paulo dos Santos
Manuscript Submission Information
Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All papers will be peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.
Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Entropy is an international peer-reviewed open access monthly journal published by MDPI.
Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1600 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.