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...

Carbon farming, particularly soil carbon climate strategies, has emerged as a popular tool in addressing climate change and variability in worldwide agriculture. Yet, there is a paucity of evidence on its application, and even more so, limited evidence exists on the welfare impacts in developing...

We demonstrate that a rank-preserving transfer from a richer individual to a poorer individual can exacerbate income inequality (when inequality is measured by the Gini coefficient). This happens when individuals' preferences depend negatively not only on work time (effort) but also on low...