Analysis of entropy on the European markets of energy and energy commodities prices.
The paper analyzes the problem of entropy in the moments of transition from a normal economic situation (2015-2019) to the Pandemic period (2020-2021) and the period of Russia's attack on Ukraine (2022-2023). The research in the article is based on the analysis of electricity, oil, coal, and ga...
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Public Library of Science (PLoS)
2025-01-01
|
| Series: | PLoS ONE |
| Online Access: | https://doi.org/10.1371/journal.pone.0315348 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1832540288597360640 |
|---|---|
| author | Daniel Papla Rafał Siedlecki |
| author_facet | Daniel Papla Rafał Siedlecki |
| author_sort | Daniel Papla |
| collection | DOAJ |
| description | The paper analyzes the problem of entropy in the moments of transition from a normal economic situation (2015-2019) to the Pandemic period (2020-2021) and the period of Russia's attack on Ukraine (2022-2023). The research in the article is based on the analysis of electricity, oil, coal, and gas prices in 27 countries of the European Union and Norway. The daily data cover the period from January 1, 2015, to March 30, 2023, and were analyzed using two-dimensional sets of electricity and commodity prices. The work uses the time dependent James-Stein estimator of the Shannon informational entropy. |
| format | Article |
| id | doaj-art-e1c5befdcbe0464090f1724cd463d9c6 |
| institution | Kabale University |
| issn | 1932-6203 |
| language | English |
| publishDate | 2025-01-01 |
| publisher | Public Library of Science (PLoS) |
| record_format | Article |
| series | PLoS ONE |
| spelling | doaj-art-e1c5befdcbe0464090f1724cd463d9c62025-02-05T05:31:20ZengPublic Library of Science (PLoS)PLoS ONE1932-62032025-01-01201e031534810.1371/journal.pone.0315348Analysis of entropy on the European markets of energy and energy commodities prices.Daniel PaplaRafał SiedleckiThe paper analyzes the problem of entropy in the moments of transition from a normal economic situation (2015-2019) to the Pandemic period (2020-2021) and the period of Russia's attack on Ukraine (2022-2023). The research in the article is based on the analysis of electricity, oil, coal, and gas prices in 27 countries of the European Union and Norway. The daily data cover the period from January 1, 2015, to March 30, 2023, and were analyzed using two-dimensional sets of electricity and commodity prices. The work uses the time dependent James-Stein estimator of the Shannon informational entropy.https://doi.org/10.1371/journal.pone.0315348 |
| spellingShingle | Daniel Papla Rafał Siedlecki Analysis of entropy on the European markets of energy and energy commodities prices. PLoS ONE |
| title | Analysis of entropy on the European markets of energy and energy commodities prices. |
| title_full | Analysis of entropy on the European markets of energy and energy commodities prices. |
| title_fullStr | Analysis of entropy on the European markets of energy and energy commodities prices. |
| title_full_unstemmed | Analysis of entropy on the European markets of energy and energy commodities prices. |
| title_short | Analysis of entropy on the European markets of energy and energy commodities prices. |
| title_sort | analysis of entropy on the european markets of energy and energy commodities prices |
| url | https://doi.org/10.1371/journal.pone.0315348 |
| work_keys_str_mv | AT danielpapla analysisofentropyontheeuropeanmarketsofenergyandenergycommoditiesprices AT rafałsiedlecki analysisofentropyontheeuropeanmarketsofenergyandenergycommoditiesprices |