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utilitarian social welfare function yields a simple welfare measure which comprises both GDP and income inequality as measured by …Over the last decades, research in behavioural economics has demonstrated that individual welfare (utility), as … gathering that something similar holds for aggregate welfare, i.e. that GDP alone is an insufficient predictor for various …
Persistent link: https://www.econbiz.de/10012916152
The Gini coefficient features prominently in Amartya Sen's 1973 and 1997 seminal work on income inequality and social … welfare. We construct the Gini coefficient from social-psychological building blocks, reformulating it as a ratio between a … welfare function, we are able to endow the function with a social-psychological underpinning, showing that this function, too …
Persistent link: https://www.econbiz.de/10012626151
The Gini coefficient features prominently in Amartya Sen's 1973 and 1997 seminal work on income inequality and social … welfare. We construct the Gini coefficient from socialpsychological building blocks, reformulating it as a ratio between a … welfare function, we are able to endow the function with a social-psychological underpinning, showing that this function, too …
Persistent link: https://www.econbiz.de/10012648303
Persistent link: https://www.econbiz.de/10012037839
The Gini coefficient features prominently in Amartya Sen’s 1973 and 1997 seminal work on income inequality and social … welfare. We construct the Gini coefficient from social-psychological building blocks, reformulating it as a ratio between a … welfare function, we are able to endow the function with a social-psychological underpinning, showing that this function, too …
Persistent link: https://www.econbiz.de/10012625212
multidimensional deprivation using the MDI is that this index is sensitive to inequality and can be fully broken down by deprivation …
Persistent link: https://www.econbiz.de/10012601360
The Gini coefficient features prominently in Amartya Sen’s 1973 and 1997 seminal work on income inequality and social … welfare. We construct the Gini coefficient from social-psychological building blocks, reformulating it as a ratio between a … welfare function, we are able to endow the function with a social-psychological underpinning, showing that this function, too …
Persistent link: https://www.econbiz.de/10013212497
The Gini coefficient features prominently in Amartya Sen's 1973 and 1997 seminal work on income inequality and social … welfare. We construct the Gini coefficient from socialpsychological building blocks, reformulating it as a ratio between a … welfare function, we are able to endow the function with a social-psychological underpinning, showing that this function, too …
Persistent link: https://www.econbiz.de/10014084076
expenditure and income inequality using household surveys. Using VHLSS data, we measure inequality in different welfare indicators … review of recent research, consideration of how inequality is discussed in legal documents, and an analysis of inequality … using household survey data from Viet Nam. Inequality is widely mentioned in legal documents. As of May 2024, there are 443 …
Persistent link: https://www.econbiz.de/10015076333
Integrating individual inequity aversion into a utilitarian social welfare function, we derive a simple welfare measure … which comprises both GDP and income inequality as measured by the Gini-index. The provided theoretical link between inequity …
Persistent link: https://www.econbiz.de/10012919543