Age of Information
Sun, Yin / Modiano, Eytan / Talak, Rajat / Kadota, Igor
Information usually has the highest value when it is fresh. For example, real-time knowledge about the location, orientation, and speed of motor vehicles is imperative in autonomous driving, and the access to timely information about stock prices and interest rate movements is essential for developing trading strategies on the stock market. The Age of Information (AoI) concept, together with its recent extensions, provides a means of quantifyi...