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Poverty and welfare measurement on the basis of prospect theory
Jäntti, Markus; Kanbur, Ravi; Nyyssölä, Milla; … - 2012
. -- prospect theory ; poverty ; inequality ; welfare measurement ; vulnerability …This paper examines the measurement of social welfare, poverty and inequality taking into account features that have …-dependence, loss aversion and diminishing sensitivity - aspects emphasized in prospect theory - to social welfare measurement. We …
Persistent link: https://www.econbiz.de/10009691049
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Poverty and welfare measurement on the basis of prospect theory
Jäntti, Markus; Kanbur, Ravi; Nyyssölä, Kari; … - 2013
Persistent link: https://www.econbiz.de/10009697690
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Poverty and welfare measurement on the basis of prospect theory
Jäntti, Markus; Kanbur, Ravi; Nyyssölä, Milla; … - 2013
This paper examines the measurement of social welfare, poverty and inequality taking into account reference …-dependence, loss aversion and diminishing sensitivity - aspects emphasized in Prospect Theory - to social welfare measurement. We … differences between standard poverty and inequality measures based on observed income and measures that are calculated based on …
Persistent link: https://www.econbiz.de/10009700305
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Poverty, relative to the ability to eradicate it : an index of poverty reduction failure
Kanbur, Ravi; Mukherjee, Diganta - In: Economics letters 97 (2007) 1, pp. 52-57
Persistent link: https://www.econbiz.de/10003575227
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Poverty, relative to the ability to eradicate it : an index of poverty reduction failure
Kanbur, Ravi (contributor); Mukherjee, Diganta (contributor) - 2007
Persistent link: https://www.econbiz.de/10003436123
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Inequality indices as tests of fairness
Kanbur, Ravi; Snell, Andy - 2017
Standard income inequality indices can be interpreted as a measure of welfare loss entailed in departures from equality of outcomes, for egalitarian social welfare functions defined on the distribution of outcomes. But such a welfare interpretation has been criticized for a long time on the...
Persistent link: https://www.econbiz.de/10011641764
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Inequality indices as tests of fairness
Kanbur, Ravi; Snell, Andy - 2017
Persistent link: https://www.econbiz.de/10011715737
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Inequality indices as tests of fairness
Kanbur, Ravi; Snell, Andy - 2017
Persistent link: https://www.econbiz.de/10011654993
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Chapter 13 Income distribution and development
Kanbur, Ravi - In: Handbook of income distribution : volume 1, (pp. 791-841). 2000
This paper is a review of the post-war literature on income distribution and development. It argues that the literature has cycled from one consensus to another, responding to emerging policy issues and new analysis. On the basis of the review, the paper identifies five areas that will command...
Persistent link: https://www.econbiz.de/10014024196
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Intrahousehold inequality and the theory of targeting
Haddad, Lawrence James - In: European economic review : EER 36 (1992) 2, pp. 372-378
Persistent link: https://www.econbiz.de/10001122929