On the Differential and the Integral Value of Information

A quantitative expression for the value of information within the framework of information theory and of the maximal entropy formulation is discussed. We examine both a local, differential measure and an integral, global measure for the value of the change in information when additional input is pro...

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Bibliographic Details
Main Author: Raphael D. Levine
Format: Article
Language:English
Published: MDPI AG 2025-01-01
Series:Entropy
Subjects:
Online Access:https://www.mdpi.com/1099-4300/27/1/43
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Summary:A quantitative expression for the value of information within the framework of information theory and of the maximal entropy formulation is discussed. We examine both a local, differential measure and an integral, global measure for the value of the change in information when additional input is provided. The differential measure is a potential and as such carries a physical dimension. The integral value has the dimension of information. The differential measure can be used, for example, to discuss how the value of information changes with time or with other parameters of the problem.
ISSN:1099-4300