Document Type

Article

Publication Date

10-8-2015

Abstract

Information-theoretic principles can be applied to the study of complex adaptive supply networks (CASN). Previous modeling efforts of CASN were impeded by the complex, dynamic nature of the systems. However, information theory provides a model-free approach to the problem removing many of those barriers. Understanding how principles such as transfer entropy, excess entropy/predictive information, information storage, and separable information apply in the context of supply networks opens up new ways of studying these complex systems. Additionally, these principles provide the potential for new business analytics which give managers of CASN new insights into the system's health, behavior, and eventual control strategies.

Comments

Publisher version of record at ScienceDirect: https://doi.org/10.1016/j.procs.2015.09.176

Published under a Creative Commons Attribution Non-Commercial No Derivatives License CC BY-NC-ND 4.0. https://creativecommons.org/licenses/by-nc-nd/4.0/

DOI

10.1016/j.procs.2015.09.176

Source Publication

Procedia Computer Science

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