%0 Journal Article %T Principle of Maximum Entanglement Entropy and Local Physics of Correlated many-body Electron-Systems %A Nicola Lanat¨¤ %A Hugo U. R. Strand %A Yongxin Yao %A Gabriel Kotliar %J Physics %D 2013 %I arXiv %X We argue that, because of the quantum-entanglement, the local physics of the strongly-correlated materials at zero temperature is described in very good approximation by a simple generalized Gibbs distribution, which depends on a relatively small number local quantum thermodynamical potentials. We demonstrate that our statement is exact in certain limits, and we perform numerical calculations of the iron compounds FeSe and FeTe and of the elemental cerium by employing the Gutzwiller Approximation (GA) that strongly support our theory in general. %U http://arxiv.org/abs/1310.7520v2