We demonstrate that a rank-preserving transfer from a richer individual to a poorer individual can exacerbate income … not only on work time (effort) but also on low relative income. It is rigorously shown that the set of preference profiles … ; low relative income ; relative deprivation ; exacerbated inequality …

We demonstrate that a rank-preserving transfer from a richer individual to a poorer individual can exacerbate income … not only on work time (effort) but also on low relative income. It is rigorously shown that the set of preference profiles … ; Low relative income ; Relative deprivation ; Exacerbated inequality …

policy responses. Specifically, I view the merger of populations as a merger of income vectors; I measure social distress by … counter it by relying exclusively on a self-contained income redistribution that retains individual levels of wellbeing at …

selecting between these two measures. A review of three stylized scenarios suggests that, where income redistributions reduce … the number of distinct income groups, and when each group is characterized by a strong sense of within-group identity, the …

selecting between these two measures. A review of three stylized scenarios suggests that, where income redistributions reduce … the number of distinct income groups, and when each group is characterized by a strong sense of within-group identity, the …

income inequality in a society. However, can such a transfer reduce the welfare of the society? We show that a rich …-to-poor transfer can induce a response in the individuals' behaviors which actually exacerbates, rather than reduces, income inequality …) and incorporate a distaste for low relative income. We first present the two results for a population of two individuals …

We introduce a new class of generalized measures of relative deprivation. The class takes the form of a power mean of … proximity in the income distribution to the reference individual …