This paper surveys selected applications of the Lorenz curve and related stochasticorders in economics and econometrics, with a bias towards problems in statisticaldistribution theory. These include characterizations of income distributions in termsof families of inequality measures, Lorenz...

Assuming the existence of Hegel‟s consistent overall picture of the concept of entropy, the author transfers the physical term of entropy into economics and sociology and illuminates the relevance of second law of thermodynamics within both disciplines. Basis of translation is the present...