Similar Search Results

Measuring income inequality in social networks

Stark, Oded; Bielawski, Jakub; Falniowski, Fryderyk - 2023

We present a new index for measuring income inequality in networks. The index is based on income comparisons made by the members of a network who are linked with each other by direct social connections. To model the comparisons, we compose a measure of relative deprivation for networks. We base...

Persistent link: https://www.econbiz.de/10014437341

On a transformation of the Gini coefficient into a well-behaved social welfare function

Stark, Oded - 2025

Following Sen's (1973) characterization of the Gini coefficient as a ratio between a measure of aggregate income …-based stress ("depression" in Sen's terminology) and aggregate income, we transform the Gini coefficient into a social welfare … function rather than having the Gini coefficient feature as an input in a social welfare function as in Sen (1973 and 1997 …

Persistent link: https://www.econbiz.de/10015324816

The merger of populations, the incidence of marriages, and aggregate unhappiness

Stark, Oded; Rendl, Franz; Jakubek, Marcin - 2011

Let a society’s unhappiness be measured by the aggregate of the levels of relative deprivation of its members. When two societies of equal size, F and M, merge, unhappiness in the merged society is shown to be higher than the sum of the levels of unhappiness in the constituent societies when...

Persistent link: https://www.econbiz.de/10009238652

On the economics of others

Stark, Oded - 2014

We relate to others in two important ways: we care about others, and we care about how we fare in comparison to others. In some contexts, these two forms of relatedness interact. Caring about others can conveniently be labeled altruism. Caring about how we fare in comparison with others who fare...

Persistent link: https://www.econbiz.de/10010257295

Income redistribution going awry : the reversal power of the concern for relative deprivation

Sorger, Gerhard; Stark, Oded - 2012

inequality (when inequality is measured by the Gini coefficient). This happens when individuals' preferences depend negatively …. A robust example illustrates this result. -- a rank-preserving inequality-narrowing transfer ; the Gini coefficient …

Persistent link: https://www.econbiz.de/10009680434

Wealth distribution, peasant production and poverty traps in African smallholder agriculture

Hoogeveen, Johannes - 1999

A model is developed for peasant households in land abundant areas who choose between two technologies for land preparation: a manual one and one using draught animals. For draught a minimum number of animals is required so that a technological non convexity exists. It follows that certain...

Persistent link: https://www.econbiz.de/10011453277

A new inequality measure that is sensitive to extreme values and asymmetries

McAleer, Michael; Ryu, Hang-keun; Slottje, Daniel Jonathan - 2017

properties such a measure (or index) should contain. The Gini index is, of course, the most popular. There is a concurrent … Gini) that poorly detect the extreme values present in the underlying empirical IDF. This paper introduces a new inequality … measure to supplement, but not to replace, the Gini that measures more accurately the inherent asymmetries and extreme values …

Persistent link: https://www.econbiz.de/10011773015

A class of proximity-sensitive measures of relative deprivation

Stark, Oded; Bielawski, Jakub; Falniowski, Fryderyk - 2017

We introduce a new class of generalized measures of relative deprivation. The class takes the form of a power mean of order p . A characteristic of the class is that depending on the value of the proximity-sensitive parameter p , the class is capable of accommodating both a decreasing weight...

Persistent link: https://www.econbiz.de/10011736612

Consensus income distribution

Stark, Oded; Falniowski, Fryderyk; Jakubek, Marcin - 2016

In determining the optimal redistribution of a given population's income, we ask which factor is more important: the social planner's aversion to inequality, embedded in an isoelastic social welfare function indexed by a parameter alpha, or the individuals' concern at having a low relative...

Persistent link: https://www.econbiz.de/10011569042

Well-being inequality and reference groups : an agenda for new research

Praag, Bernard M. S. van - 2010 - Version March 3, 2010

In this paper it is argued that subjective well-being of the individual depends on two types of variables. The first type consists of characteristics of the individual himself, such as age, health, income, etc. The second type of variables consists of the characteristics of the individuals...

Persistent link: https://www.econbiz.de/10011379637