Dynamic Complexity Measures: Definition and Calculation

This work is a generalization of the Lopez-Ruiz, Mancini and Calbet (LMC); and Shiner, Davison and Landsberg (SDL) complexity measures, considering that the state of a system or process is represented by a dynamical variable during a certain time interval. As the two complexity measures are based on the calculation of informational entropy, an equivalent information source is defined and, as time passes, the individual information associated to the measured parameter is the seed to calculate instantaneous LMC and SDL measures. To show how the methodology works, an example with economic data is presented.