Rational inattention theory is economic theory that recognizes that people have finite information-processing capacity, in the sense of Shannon and engineering information theory. This approach is still in the early stages of development, but it promises to provide a unified explanation for some...

Part I: Understanding Complexity and the Economy -- Chapter 1 Introduction -- Chapter 2 Complexity 3.0 -- Chapter 3 Simplicity and complexity -- Chapter 4 Definitions of complexity -- ­ Chapter 5 Economic growth, complexity and institutional conflicts -- Part II: Organizational Complexity --...

An array of global events, including the global financial crisis, natural disasters, and the recent coronavirus pandemic, have consistently shown the vulnerability of global systems and humans to externally undesirable contagions. In order to further provide alternative approaches to information...

This article proposes alternative measures of immigrant integration founded in information theory. By considering differences in the hetero- geneity of outcomes between immigrants and natives, the proposed mea- sures provide robust and non-parametric estimates of the extent to which cohorts...