The significance ascribed to the wave function varies from interpretation to interpretation, and varies even within an interpretation (such as the Copenhagen Interpretation). If the wave function merely encodes an observer's knowledge of the universe then the wave function collapse corresponds to the receipt of new information. This is somewhat analogous to the situation in classical physics, except that the classical "wave function" does not necessarily obey a wave equation. If the wave function is physically real, in some sense and to some extent, then the collapse of the wave function is also seen as a real process, to the same extent.