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We provide a unified treatment of the two approaches pioneered by Atkinson and Bourguignon (1982, 1987) [3,4] by resorting to compensation principles in the bivariate case. We treat the attributes of individual utility asymmetrically by assuming that one attribute can be used to compensate...
Persistent link: https://www.econbiz.de/10010572392
This paper proposes a dominance approach to study inequality of well-being across countries. We consider a class of well-being indices based on the three attributes used in the HDI (Human Development Index). Indices are required to satisfy: preference for egalitarian marginal distributions of...
Persistent link: https://www.econbiz.de/10010574362
This paper proposes a dominance approach to study well-being inequality across countries at the world level. We consider a class of well-being indices based on the three attributes considered in the HDI (Human Development Index). Indices are required to satisfy preference for egalitarian...
Persistent link: https://www.econbiz.de/10005649523
This paper proposes a dominance approach to study well-being inequality across countries at the world level. We consider a class of well-being indices based on the three attributes considered in the HDI (Human Development Index). Indices are required to satisfy preference for egalitarian...
Persistent link: https://www.econbiz.de/10005731389
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