Energy-efficient information transmission may be relevant to biological sensory signal processing as well as to low-power electronic devices. We explore its consequences in two different regimes. In an “immediate” regime, we argue that the information rate should be maximized subject to a power constraint, and in an “exploratory” regime, the transmission rate per power cost should be maximized. In the absence of noise, discrete inputs are optimally encoded into Boltzmann distributed output symbols. In the exploratory regime, the partition function of this distribution is numerically equal to 1. The structure of the optimal code is strongly affected by noise in the transmission channel. The Arimoto-Blahut algorithm, generalized for cost constraints, can be used to derive and interpret the distribution of symbols for optimal energy-efficient coding in the presence of noise. We outline the possibilities and problems in extending our results to information coding and transmission in neurobiological systems.

The task of parametric model selection is cast in terms of a statistical mechanics on the space of probability distributions. Using the techniques of low-temperature expansions, I arrive at a systematic series for the Bayesian posterior probability of a model family that significantly extends known results in the literature. In particular, I arrive at a precise understanding of how Occam's razor, the principle that simpler models should be preferred until the data justify more complex models, is automatically embodied by probability theory. These results require a measure on the space of model parameters and I derive and discuss an interpretation of Jeffreys' prior distribution as a uniform prior over the distributions indexed by a family. Finally, I derive a theoretical index of the complexity of a parametric family relative to some true distribution that I call the razor of the model. The form of the razor immediately suggests several interesting questions in the theory of learning that can be studied using the techniques of statistical mechanics.