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New theory on fairness in economics targets CEO pay

A new theory proposes a method to determine fair CEO compensation using information theory and statistical thermodynamics. The ratio of CEO pay to the lowest employee salary has increased significantly in recent years, with US CEOs averaging around 344-to-1, raising questions about market efficiency.

SourcePurdue University·JournalEntropy·DateNov 3, 2009

Theory can help disable terrorists' messages

Researchers Jody O'Sullivan and Pierre Moulin have developed a theory that sets fundamental limits on the amount of information that can be reliably hidden in various data types. This breakthrough has significant implications for security applications, including detecting forgery and intercepting terrorist messages.

SourceWashington University in St. Louis·JournalIEEE Transactions on Information Theory·DateJul 14, 2003