Acquisition, distribution, management, and analysis of information are the fundamental purposes behind most complex constructed systems and infrastructures, and yet a process centric approach is fundamental to the design and implementation of such systems. Since information is the essential commodity in these endeavors, we believe that an effective design should take into account the fundamental properties of information: it's characteristics, its fusion, its distillation, etc. Information Dynamics is an attempt to bring a degree of rigor to the understanding of the nature of information itself and how it is used in pursuit of system objectives. (Also cross-referenced as UMIACS-2000-08)