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measurement of substituting the weaker absolute differentials, deprivation and satisfaction quasiorderings for the Lorenz quasi …, deprivation, satisfaction and Lorenz quasi-orderings. In contrast it is possible within the dual model of M. Yaari (Econometrica … corresponding welfare orderings are consistent with the differentials, deprivation and satisfaction quasi-orderings, respectively …
Persistent link: https://www.econbiz.de/10010284885
We provide a characterization of the generalised satisfaction - in our terminology nondeprivation - quasi … deprivation. We show that the non-deprivation quasi-ordering obeys a weaker version of the principle of transfers: welfare … the ranking of distributions implied by the non-deprivation quasi-ordering. We extend the approach to the measurement of …
Persistent link: https://www.econbiz.de/10010335534
This paper is concerned with the problem of ranking Lorenz curves in situations where the Lorenz curves intersect and no unambiguous ranking can be attained without introducing weaker ranking criteria than first-degree Lorenz dominance. To deal with such situations two alternative sequences of...
Persistent link: https://www.econbiz.de/10010269185
This paper is concerned with the problem of ranking Lorenz curves in situations where the Lorenz curves intersect and no unambiguous ranking can be attained without introducing weaker ranking criteria than first-degree Lorenz dominance. To deal with such situations Aaberge (2009) introduced two...
Persistent link: https://www.econbiz.de/10010269554
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The distribution of gross income net of taxes and transfers - or equivalenty consumption - is generally considered a reasonable approximation of the distribution of well-being in the society. One typically observes differing trends in the distribution of gross incomes across countries or within...
Persistent link: https://www.econbiz.de/10010442772
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