4-29 September 2017
Nordita, Stockholm
Europe/Stockholm timezone

On the value of acquired information in gambling, evolution and thermodynamics

11 Sep 2017, 10:00
122:026 (Nordita, Stockholm)


Nordita, Stockholm


Prof. Luca Peliti (University "Federico II", Naples)


The connection between the information value of a message and capital gain was made by Kelly in 1956. In 1965 Kimura tried to evaluate the rate of information intake by a population undergoing Darwinian evolution by equating it with the substitutional load. Recently, the analogy between Kelly's scheme and work extraction was pointed out in the context of stochastic thermodynamics. I shall try to connect these threads, highlighting analogies and differences between the meaning of information and its value in the different contexts.

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