scholarly journals Discerning Potential and Impact Information

Proceedings ◽  
2020 ◽  
Vol 47 (1) ◽  
pp. 4
Author(s):  
Mark Burgin

This paper contains further analysis of the concept of information aimed at discovering new features of this mysterious but very important phenomenon. We base our analysis on the general theory of information and contemporary theoretical physics. This approach allows for the explication of two basic complementary types of information—potential and impact information. In such a way, we achieve a better understanding of information as a natural and social phenomenon, which serves as a base for developing novel tools for measuring information.

Proceedings ◽  
2020 ◽  
Vol 47 (1) ◽  
pp. 4
Author(s):  
Mark Burgin

This paper contains further analysis of the concept of information aimed at discovering new features of this mysterious but very important phenomenon. We base our analysis on the general theory of information and contemporary theoretical physics. This approach allows for the explication of two basic complementary types of information—potential and impact information. In such a way, we achieve a better understanding of information as a natural and social phenomenon, which serves as a base for developing novel tools for measuring information.


Author(s):  
Mark Burgin

The general theory of information is a synthetic approach, which organizes and encompasses all main directions in information theory. It is developed on three levels: conceptual, methodological and theoretical. On the conceptual level, the concept of information is purified and information operations are separated and described. On the methodological level, it is formulated as system of principles, explaining what information is and how to measure information. On the theoretical level, mathematical models of information are constructed and studied. The goal of this paper is to clarify the concept of information and discuss its mathematical models, establishing relations with physics as the most developed science.


Author(s):  
Waseem Afzal

Information imperfections of various kinds are present around us and information asymmetry is one such kind. The phrase “information imperfection” indicates information which is less than ideal for many conceivable reasons. The concept of “information asymmetry” is different, and indicates the presence of more information at one end of an informational distribution. The purpose of this chapter is not to provide a literature review of information asymmetry but to (1) build on previous work, (2) suggest a set of concepts, and (3) describe examples of information asymmetries in order to propose a framework for a general theory of information asymmetry. To this end, this chapter provides a brief overview of the concepts of information asymmetry and information imperfection. It also proposes a set of four concepts considered to be of importance in understanding information asymmetry; describes two major categories of information asymmetries; discusses different types of informational disturbances; and finally discusses the potential effects of information asymmetries.


Author(s):  
Mark Burgin

The general theory of information is a synthetic approach, which organizes and encompasses all main directions in information theory. It is developed on three levels: conceptual, methodological and theoretical. On the conceptual level, the concept of information is purified and information operations are separated and described. On the methodological level, it is formulated as system of principles, explaining what information is and how to measure information. On the theoretical level, mathematical models of information are constructed and studied. The goal of this paper is to clarify the concept of information and discuss its mathematical models, establishing relations with physics as the most developed science.


Author(s):  
Muhammad Taufiq

Accounting is an information system, more precisely; it is an application to the general theory of information to the problem of efficient economic operations. It also makes up a large part of the general information expressed in quantitative terms. In this context accounting is both a part of the general information system of an operating entity and a part of the basic field bounded by the concept of information If you work with a manual system and you want to see an account on given day, you have a paper file and you simply go to that particular section and pull out the file. When you’re on the computer system, in a sense all your accounts are kid of floating around in space. You can’t get your hands on them


2016 ◽  
Vol 13 (2) ◽  
pp. 21-36 ◽  
Author(s):  
Bixia Xu ◽  
Zhulin Huang

ABSTRACT Search engines are among the most important information technology (IT) applications and platforms on which to conduct information search. This study contributes by investigating whether and how the search engine-enabled information search is related to accounting information effectiveness. We develop the concept of information traffic to conceptualize investor IT-enabled information search activities and to explore whether the searches captured by this concept provide any insights for understanding and enhancing accounting information effectiveness. Building upon the input-process-output model (Maines and McDaniel 2000) and with a sample of 59 accounting information items, we report that information items with higher information traffic have greater ability to explain and predict firm market value (i.e., higher information effectiveness). The impact of information traffic on information effectiveness is higher for economic upturns than for economic downturns and differs among different types of information. We propose a conceptual measure that integrates both information traffic and information effectiveness to capture information relative importance and to suggest empirically an order in importance of the ten types of information we investigate. Our dynamic analysis of information traffic reveals a significant increase of investor IT-enabled information search in the post-financial-crisis period. It also shows higher search increases for accounting items that received previously scant investor attention.


2020 ◽  
Vol 139 (4) ◽  
pp. 361-370
Author(s):  
Jürgen Jost

AbstractIn computer science, we can theoretically neatly separate transmission and processing of information, hardware and software, and programs and their inputs. This is much more intricate in biology. Nevertheless, I argue that Shannon’s concept of information is useful in biology, although its application is not as straightforward as many people think. In fact, the recently developed theory of information decomposition can shed much light on the complementarity between coding and regulatory, or internal and environmental information. The key challenge that we formulate in this contribution is to understand how genetic information and external factors combine to create an organism, and conversely how the genome has learned in the course of evolution how to harness the environment, and analogously how coding, regulation and spatial organization interact in cellular processes.


Legal Theory ◽  
1998 ◽  
Vol 4 (4) ◽  
pp. 427-467 ◽  
Author(s):  
Stephen R. Perry

To understand H.L.A. Hart's general theory of law, it is helpful to distinguish between substantive and methodological legal positivism. Substantive legal positivism is the view that there is no necessary connection between morality and the content of law. Methodological legal positivism is the view that legal theory can and should offer a normatively neutral description of a particular social phenomenon, namely law. Methodological positivism holds, we might say, not that there is no necessary connection between morality and law, but rather that there is no connection, necessary or otherwise, between morality and legal theory. The respective claims of substantive and methodological positivism are, at least on the surface, logically independent. Hobbes and Bentham employed normative methodologies to defend versions of substantive positivism, and in modern times Michael Moore has developed what can be regarded as a variant of methodological positivism to defend a theory of natural law.


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