Canonical correlation theory is extended so that each variate in each of the two observed sets of variates is assigned a unique information-theoretic measure of its contribution to the total amount of information that either set provides about the other.

As the US moves from a production‐oriented to a technology‐oriented economic base, information itself has begun to acquire the characteristics of a basic resource, much like oil or labour. Recognition of this transformation, especially its implications for managerial decision‐making, is...

This paper takes an information-theoretic approach to the economics of science, extending Arrow's pioneering (1962) analysis of the allocation of resources for industrial research and invention. It addresses the questions: is there a valid economic distinction between scientific and...