Relative Deprivation with Imperfect Information

The paper proposes an alternative index of relative deprivation which allows for selection of the reference group and imperfect information, two central elements of modern theories of social justice. An application to real data and a simulation on artificial data illustrate the use and some properties of the index.

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Year of publication:	2008-03-12
Authors:	Verme, Paolo ; Izem, Rima
Published in:	Economics Bulletin. - AccessEcon, ISSN 1545-2921. - Vol. 4.2008, 7, p. 1-9
Publisher:	AccessEcon

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Extent:	application/pdf
Type of publication:	Article
Classification:	D6 - Welfare Economics ; I3 - Welfare and Poverty
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010629515