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Temkin (1986,1993) sets out a philosophical basis for the analysis of income inequality that provides an important alternative to the mainstream welfarist approach. We show that the Temkin principles can be characterised by a parsimonious axiomatic structure and we use this structure to derive a...
Persistent link: https://www.econbiz.de/10010884654
on the concept of 'complaints' or distances between incomes. We examine the Temkin approach by means of the questionnaire … the Weighted Additive Principle and the Average view of complaints. The questionnaire results also shed some light towards …
Persistent link: https://www.econbiz.de/10010928780
on the concept of 'complaints' or distances between incomes. We examine the Temkin approach by means of the questionnaire … the Weighted Additive Principle and the Average view of complaints. The questionnaire results also shed some light towards …
Persistent link: https://www.econbiz.de/10005670752
Persistent link: https://www.econbiz.de/10012108644
Orderings of income distribution in terms of inequality should be closely related to orderings in terms of risk. Using a novel mult-country questgionnaire experiment we examine the basis for this claim in terms of respondents' distributional perceptions. We show that in terms of both inequality...
Persistent link: https://www.econbiz.de/10005310315
Using a simple axiomatic structure we characterise two classes ofinequality indices - absolute and relative - that take into account "envy"in the income distribution. The concept of envy incorporated hereconcerns the distance of each person's income from his or herimmediately richer neighbour....
Persistent link: https://www.econbiz.de/10005797453
Building on previous studies on perceptions of inequality, welfare and risk we investigate the structure of individuals' rankings of uncertain prospects in terms of risk and their relationship to individual preferences. We examine three interlinked propositions that are fundamental to the...
Persistent link: https://www.econbiz.de/10010744849
Using a simple axiomatic structure we characterise two classes of inequality indices - absolute and relative - that take into account “envy” in the income distribution. The concept of envy incorporated here concerns the distance of each person’s income from his or her immediately richer...
Persistent link: https://www.econbiz.de/10011071500
Building on previous studies on perceptions of inequality, welfare and risk we investigate the structure of individuals' rankings of uncertain prospects in terms of risk and their relationship to individual preferences. We examine three interlinked propositions that are fundamental to the...
Persistent link: https://www.econbiz.de/10005510519
, founded on the notion of individual “complaints” about income distribution. Under certain specifications of the relationship … between complaints and personal incomes it can be shown that a concept similar to the concept of deprivation then emerges. In … and Lorenz orderings on the one hand and deprivation, poverty and complaints on the other hand. …
Persistent link: https://www.econbiz.de/10011071517