payoffs than individuals. We elicit individual and group preferences towards risk using simple lotteries. The results indicate …

We model the evolution of age-dependent personal income distribution and inequality as expressed by the Gini ratio. In … our framework, inequality is an emergent property of a theoretical model we develop for the dynamics of individual incomes … in the Gini ratio since 2000. In the youngest age group (from 15 to 24 years), however, the level of income inequality …

The Inequality Process (IP) is a particle system model similar to that of the Kinetic Theory of Gases. The IP is a …

This paper challenges the conventional wisdom that income and consumption inequality in Poland increased substantially … income inequality increased in 1989 but subsequently declined to pretransition levels. The distribution of consumption … income inequality during the transition. However, the relative well-being of different socioeconomic groups was altered and …

inequality. Established economics teaches us that for economic gaps to be bridged, a process of convergence sets in that was … of further regional income concentration and inequality, thus blocking the hopes of the poorer segments of the East …

This paper presents an integration between the normative approach of Dalton-Atkinson-Sen to inequality measurement with … the positive approach related to the statistical dispersion or the generalized entropy family of inequality indexes. Given … weights represents the marginal social value of the individuals in the society, our approach selects a particular inequality …

This paper explains how to build Lorenz Curves for income distributions and discusses their use for inequality … and draw Lorenz Curves. A discussion on the use of Lorenz Curves to represent inequality is also provided. It highlights …