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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...
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The standard approach to inequality measurement regards all inequalities as being unfair. However, most people do not share this view, and believe that some inequalities are fair. This paper shows one way of generalizing the standard approach to take account of the distinction between fair and...
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This paper defines and characterizes the concept of an increase in inverse downside inequality and show that, when the Lorenz curves of two income distributions intersect, how the change from one distribution to the other is judged by an inequality index exhibiting inverse downside inequality...
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