New preprint on information transfer

Peter Fielitz and Guenter Borchardt have a new version of their paper on the information transfer model up on the arXiv. They updated it with a citation of this blog, which is quite an honor since citing blogs is a somewhat non-standard practice. The paper has an interesting discussion relevant to economics in Appendix A on the question of how you transfer information with a 1-symbol system where log 1 = 0.