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#maximumentropy — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #maximumentropy, aggregated by home.social.

  1. 2/2

    If you assume that equality is "order" and thus a antonym for "disorder", then you may believe - Sen even calls it a "fact" - that the #TheilCoefficient is computed from an "#ArbitraryFormula".

    However, there is no contradiction: The Theil index is a #redundancy, where the actual redundancy (ISO/IEC 2382-16) of a system is computed as the #MaximumEntropy of that system minus the actual entropy of that system. That is the answer to Sen's objection!

    #GiniIndex #KolmIndex #WelfareEconomics