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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 standard economic approach to risk: (i) that rankings by risk are simply the reverse of …
Persistent link: https://www.econbiz.de/10010744849
Orderings of income distribution in terms of inequality should be closely related to orderings in terms of risk. Using …' distributional perceptions. We show that in terms of both inequality and risk individuals consistently reject one of the standard … axioms of distributional comparison. Moreover, there are significant differences in the 'maps' of inequality and risk …
Persistent link: https://www.econbiz.de/10010746203
flavours include inequality, risk, social welfare and justice. The issue of personal involvement in the distributional …We examine individuals' distributional orderings in a number of contexts. This is done by using a questionnaire-experiment …
Persistent link: https://www.econbiz.de/10005670749
flavours include inequality, risk, social welfare and justice. The issue of personal involvement in the distributional …We examine individuals’ distributional orderings in a number of contexts. This is done by using a questionnaire-experiment …
Persistent link: https://www.econbiz.de/10011071116
Inequality measures are often used to summarise information about empirical income distributions. However , the … contaminated. The nature of this distortion will in general depend upon the underlying properties of the inequality measure. We …
Persistent link: https://www.econbiz.de/10010928608
Economists use various metrics for measuring income inequality. Here, the most commonly used measures—the Lorenz curve … dimensions of economic inequality is a key first step toward choosing the right policies to address it. …
Persistent link: https://www.econbiz.de/10012120566
This work studies trends in income distributions and inequality in the European Union using data from the European … slight increase in inequality which is however not significant at conventional levels. …
Persistent link: https://www.econbiz.de/10012140918
The techniques of simple random sampling are seldom appropriate in the empirical analysis of income distributions. Various types of weighting schemes are usually required either from the point of view of welfare-economic considerations (the mapping of household/family distributions into...
Persistent link: https://www.econbiz.de/10010260745
This work studies trends in income distributions and inequality in the European Union using data from the European … slight increase in inequality which is however not significant at conventional levels. …
Persistent link: https://www.econbiz.de/10012119805
This article provides a brief overview of the key issues in inequality measurement and has been prepared for inclusion …
Persistent link: https://www.econbiz.de/10010928769