BOSSERT, Walter; D'AMBROSIO, Conchita - Département de Sciences Économiques, Université de … - 2005
We introduce and axiomatize a one-parameter class of individual deprivation measures. Motivated by a suggestion of Runciman, we modify Yitzhaki’s index by multiplying it by a function that is interpreted as measuring the part of deprivation generated by an agent’s observation that others in...