Showing 1 - 7 of 7
We address a puzzle in welfare economics - the possibility that rational people may be simultaneously against two apparently con‡icting forms of "tyranny." In fact the two types of tyranny can be reconciled but at the possible cost of con‡ict with other standard welfare principles. We...
Persistent link: https://www.econbiz.de/10008838681
It is known from the literature on uncertainty that in cases where individuals express a preference for a high win-probability bet over a bet with high winnings they nevertheless will bid more to obtain the bet with high winnings. We investigate whether a similar phenomenon applies in the...
Persistent link: https://www.econbiz.de/10005510532
The paper presents an abstract definition of linear inequality concepts leading to linearly invariant inequality measures and characterizes the class of linear concepts completely. Two general methods of deriving ethical measures are proposed. They imply an Atkinson-Kolm-Sen index and a new dual...
Persistent link: https://www.econbiz.de/10005510535
Instead of Inequality analysis sometimes neglects the problem of allowing differences in people's non-income characteristics in the comparison of income distribution, I would say, At the heart of any distributional analysis there is the problem of allowing for differences in people's non-income...
Persistent link: https://www.econbiz.de/10005310311
This article provides a brief overview of the key issues in inequality measurement andhas been prepared for inclusion in the second edition of The New Palgrave.
Persistent link: https://www.econbiz.de/10005670748
We examine individuals' distributional orderings in a number of contexts. This is done by using a questionnaire-experiment that is presented to respondents in any one of seven "flavours" or interpretations of the basic distributional problem. The flavours include inequality, risk, social welfare...
Persistent link: https://www.econbiz.de/10005670749
The analysis of inequality is placed in the context of recent developments in economics and statistics. Prepated for Handbook of Income Distribution, edited by A B Atkinson and F Bourguignon.
Persistent link: https://www.econbiz.de/10005670753