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  2. Entropy and life - Wikipedia

    en.wikipedia.org/wiki/Entropy_and_life

    Research concerning the relationship between the thermodynamic quantity entropy and both the origin and evolution of life began around the turn of the 20th century. In 1910 American historian Henry Adams printed and distributed to university libraries and history professors the small volume A Letter to American Teachers of History proposing a theory of history based on the second law of ...

  3. Entropic value at risk - Wikipedia

    en.wikipedia.org/wiki/Entropic_value_at_risk

    It is worth noting that (,) is the entropic risk measure or exponential premium, which is a concept used in finance and insurance, respectively. Let L M {\displaystyle \mathbf {L} _{M}} be the set of all Borel measurable functions X : Ω → R {\displaystyle X:\Omega \to \mathbb {R} } whose moment-generating function M X ( z ) {\displaystyle M ...

  4. Entropy (order and disorder) - Wikipedia

    en.wikipedia.org/wiki/Entropy_(order_and_disorder)

    Thus, if entropy is associated with disorder and if the entropy of the universe is headed towards maximal entropy, then many are often puzzled as to the nature of the "ordering" process and operation of evolution in relation to Clausius' most famous version of the second law, which states that the universe is headed towards maximal "disorder".

  5. Tobacco and life insurance: Here’s what you should know - AOL

    www.aol.com/finance/tobacco-life-insurance-know...

    For some, a term life insurance policy, which offers coverage for a set period, like 10, 20 or 30 years, might be the best fit due to its affordability and straightforward nature.

  6. Types of life insurance - AOL

    www.aol.com/finance/types-life-insurance...

    Coverage limits for final expense insurance are typically lower than many other types of life insurance, and the premiums may be higher due to the lack of medical underwriting. Choosing the right ...

  7. Why you should re-evaluate your life insurance - AOL

    www.aol.com/news/why-evaluate-life-insurance...

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  8. Entropy as an arrow of time - Wikipedia

    en.wikipedia.org/wiki/Entropy_as_an_arrow_of_time

    Entropy is one of the few quantities in the physical sciences that require a particular direction for time, sometimes called an arrow of time. As one goes "forward" in time, the second law of thermodynamics says, the entropy of an isolated system can increase, but not decrease. Thus, entropy measurement is a way of distinguishing the past from ...

  9. Introduction to entropy - Wikipedia

    en.wikipedia.org/wiki/Introduction_to_entropy

    In the coin example, if you start out with a very unlikely macrostate (like all heads, for example with zero entropy) and begin flipping one coin at a time, the entropy of the macrostate will start increasing, just as thermodynamic entropy does, and after a while, the coins will most likely be at or near that 50–50 macrostate, which has the ...