designed to separate inequality aversion from risk aversion. In a set of laboratory experiments, subjects chose between two …Inequality aversion and risk aversion are widely assumed features of economic models. But a review of the literature … alternative with constant risk level implies a higher level of inequality aversion. The experiment was conducted among 211 eight …

order to allow for type heterogeneity among the subjects in the experiments, parametric distributions of these parameters …

Temkin (1986,1993) sets out a philosophical basis for the analysis of income inequality that provides an important … axiomatic structure and we use this structure to derive a new class of inequality indices and an inequality ordering. This class … of indices has a family relationship to well-known measures of inequality, deprivation and poverty. The ordering is shown …

Inequality measurement involves explicit or implicit value judgements. The subjective approach to inequality …

This article provides a brief overview of the key issues in inequality measurement and has been prepared for inclusion …

This paper examines how people assess inequality of an income distribution and how inequality could be measured. We … start from philosophical analysis of L Temkin who distinguishes nine plausible aspects of inequality. His approach is based …