3 papers
physics.data-an2005
Ab initio yield curve dynamics
Raymond J. Hawkins, B. Roy Frieden, Joseph L. D'Anna
We derive an equation of motion for interest-rate yield curves by applying a minimum Fisher information variational approach to the implied probability density. By construction, so…
q-bio.CB2005
Power laws of complex systems from Extreme physical information
B. Roy Frieden, Robert A. Gatenby
Many complex systems obey allometric, or power, laws y=Yx^{a}. Here y is the measured value of some system attribute a, Y is a constant, and x is a stochastic variable. Remarkably,…
cond-mat.stat-mech2003
Financial Probabilities from Fisher Information
Raymond J. Hawkins, B. Roy Frieden
We present a novel synthesis of Fisher information and asset pricing theory that yields a practical method for reconstructing the probability density implicit in security prices. T…