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In this paper, we propose a new multidimensional inequality index that satisfies a fundamental set of desired properties. We discuss the case where the social evaluation function of welfare depends simultaneously on unidimensional and multidimensional forms of inequality. We show how this mixed...
Persistent link: https://www.econbiz.de/10008577820
We study the problem of defining inequality-averse social orderings over the space of allocations in a multi-commodity environment where individuals differ only in their preferences. We formulate notions of egalitarianism based on the axiom that any dominance between the consumption bundles of...
Persistent link: https://www.econbiz.de/10008617031
We compare alternative populations of individuals, who differ for many characteristics besides income, in terms of inequality. In order to achieve our aim, we extend the notion of Generalized Lorenz Preorder to a context of multivariate distributions with different marginals. Finally, we show,...
Persistent link: https://www.econbiz.de/10005824319
The axioms used to characterize the generalized Gini social evaluation orderings for one-dimensional distributions are extended to the multidimensional attributes case. A social evaluation ordering is shown to have a two-stage aggregation representation if these axioms and a separability...
Persistent link: https://www.econbiz.de/10005125172
This paper explores the implications of using multidimensional majorization criteria to derive inequality measures, without taking into consideration the idea behind the Pigou-Dalton principle, in the sense that if a richer person transfers something of at least one attribute to a poorer person...
Persistent link: https://www.econbiz.de/10005046383
Inequality is a multidimensional phenomenon though it is often discussed along a single dimension like income. This is also the case for the various decomposition approaches of inequality indices. In this paper we study one- and multidimensional indices on inequality on data for three large...
Persistent link: https://www.econbiz.de/10012099903
Inequality indices decomposable by attributes are characterized in the case where association can be ignored. This technique permits checking for decomposition of well-known indices.
Persistent link: https://www.econbiz.de/10010580473
We provide, for the class of relative bidimensional inequality indices, a decomposition of inequality into two univariate Atkinson-Kolm-Sen indices and a third statistic which depends on the joint distribution of resources.
Persistent link: https://www.econbiz.de/10010928684
This paper considers the problem of constructing a normatively significant multidimensional Gini index of relative inequality. The social evaluation relation (SER) from which the index is derived is required to satisfy a weak version of the Pigou-Dalton Bundle Principle (WPDBP) (rather than...
Persistent link: https://www.econbiz.de/10010600173
Inequality is a multidimensional phenomenon though it is often discussed along a single dimension like income. This is also the case for the various decomposition approaches of inequality indices. In this paper we study one- and multidimensional indices on inequality on data for three large...
Persistent link: https://www.econbiz.de/10010768987