Showing 1 - 10 of 452
welfare. We construct the Gini coefficient from socialpsychological building blocks, reformulating it as a ratio between a … welfare function, we are able to endow the function with a social-psychological underpinning, showing that this function, too … booster of social welfare in Sen's social welfare function. Quite surprisingly, we find that a marginal increase of income for …
Persistent link: https://www.econbiz.de/10014084076
welfare. We construct the Gini coefficient from social-psychological building blocks, reformulating it as a ratio between a … welfare function, we are able to endow the function with a social-psychological underpinning, showing that this function, too … booster of social welfare in Sen’s social welfare function. Quite surprisingly, we find that a marginal increase of income for …
Persistent link: https://www.econbiz.de/10013212497
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/10011723898
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...
Persistent link: https://www.econbiz.de/10009680434
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...
Persistent link: https://www.econbiz.de/10009681018
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 (the...
Persistent link: https://www.econbiz.de/10012946637
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
welfare. We construct the Gini coefficient from socialpsychological building blocks, reformulating it as a ratio between a … welfare function, we are able to endow the function with a social-psychological underpinning, showing that this function, too … booster of social welfare in Sen's social welfare function. Quite surprisingly, we find that a marginal increase of income for …
Persistent link: https://www.econbiz.de/10012882337
welfare. We construct the Gini coefficient from social-psychological building blocks, reformulating it as a ratio between a … welfare function, we are able to endow the function with a social-psychological underpinning, showing that this function, too … booster of social welfare in Sen's social welfare function. Quite surprisingly, we find that a marginal increase of income for …
Persistent link: https://www.econbiz.de/10012888658
welfare. We construct the Gini coefficient from social-psychological building blocks, reformulating it as a ratio between a … welfare function, we are able to endow the function with a social-psychological underpinning, showing that this function, too … booster of social welfare in Sen's social welfare function. Quite surprisingly, we find that a marginal increase of income for …
Persistent link: https://www.econbiz.de/10012631634