Translations:Minimum delay/12/en

Why is minimum delay the fair price for the gain attained? In other words, what is the fair price for an asset? The fair price for an asset is the price for which we can sell the asset and by so doing return to our original position. A minimum-delay system is a system for which the fair price (i.e., minimum delay) has been paid for the log gain. Consequently, for each minimum-delay system, a realizable inverse system exists. If a signal is the input to a minimum-delay system, then we can recover that signal in its original form by passing the output of the minimum-delay system through its stable inverse system, which is a minimum-delay system. The signal’s recovery is accomplished with no overall time delay. Hence, in transmitting information from input to output, a minimum-delay system neither destroys nor delays the information.