Hurst-Kolmogorov dynamics as a result of extremal entropy production

Koutsoyiannis, D

dc.contributor.author	Koutsoyiannis, D	en
dc.date.accessioned	2014-03-01T01:35:50Z
dc.date.available	2014-03-01T01:35:50Z
dc.date.issued	2011	en
dc.identifier.issn	0378-4371	en
dc.identifier.uri	https://dspace.lib.ntua.gr/xmlui/handle/123456789/21207
dc.subject	Entropy	en
dc.subject	Extremal entropy production	en
dc.subject	HurstKolmogorov dynamics	en
dc.subject	Long-term persistence	en
dc.subject	Stochastic processes	en
dc.subject	Uncertainty	en
dc.subject.classification	Physics, Multidisciplinary	en
dc.subject.other	Extremal	en
dc.subject.other	HurstKolmogorov dynamics	en
dc.subject.other	Long-term persistence	en
dc.subject.other	Stochastic process	en
dc.subject.other	Uncertainty	en
dc.subject.other	Random processes	en
dc.subject.other	Stochastic systems	en
dc.subject.other	Entropy	en
dc.title	Hurst-Kolmogorov dynamics as a result of extremal entropy production	en
heal.type	journalArticle	en
heal.identifier.primary	10.1016/j.physa.2010.12.035	en
heal.identifier.secondary	http://dx.doi.org/10.1016/j.physa.2010.12.035	en
heal.language	English	en
heal.publicationDate	2011	en
heal.abstract	It is demonstrated that extremization of entropy production of stochastic representations of natural systems, performed at asymptotic times (zero or infinity) results in constant derivative of entropy in logarithmic time and, in turn, in Hurst-Kolmogorov processes. The constraints used include preservation of the mean, variance and lag-1 autocovariance at the observation time step, and an inequality relationship between conditional and unconditional entropy production, which is necessary to enable physical consistency. An example with real world data illustrates the plausibility of the findings. (c) 2011 Elsevier B.V. All rights reserved.	en
heal.publisher	ELSEVIER SCIENCE BV	en
heal.journalName	Physica A: Statistical Mechanics and its Applications	en
dc.identifier.doi	10.1016/j.physa.2010.12.035	en
dc.identifier.isi	ISI:000288419200004	en
dc.identifier.volume	390	en
dc.identifier.issue	8	en
dc.identifier.spage	1424	en
dc.identifier.epage	1432	en