Journal ArticleDOI
On the Measurement of Inequality
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In this paper, the problem of comparing two frequency distributions f(u) of an attribute y which for convenience I shall refer to as income is defined as a risk in the theory of decision-making under uncertainty.About:
This article is published in Journal of Economic Theory.The article was published on 1970-09-01. It has received 5002 citations till now. The article focuses on the topics: Income inequality metrics & Income distribution.read more
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Social Choice Theory: A Re-Examination
TL;DR: A recent survey of social choice theory can be found in this article, where a categorization of interpersonal aggregation problems into four distinct types that seem to require varying treatment but typically do not receive it is discussed.
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Improving Aggregate Recommendation Diversity Using Ranking-Based Techniques
TL;DR: A number of item ranking techniques that can generate substantially more diverse recommendations across all users while maintaining comparable levels of recommendation accuracy are introduced and explored.
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Bootstrap Tests for Distributional Treatment Effects in Instrumental Variable Models
TL;DR: In this paper, the authors consider the problem of assessing the distributional consequences of a treatment on some outcome variable of interest when treatment intake is (possibly) nonrandomized, but there is a binary-instrument available for the researcher.
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A Generalization of the Quasilinear Mean with Applications to the Measurement of Income Inequality and Decision Theory Resolving the Allais Paradox
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Handbook on Poverty and Inequality
TL;DR: The handbook on poverty and inequality as discussed by the authors provides tools to measure, describe, monitor, evaluate, and analyze poverty and provides background materials for designing poverty reduction strategies for researchers and policy analysts involved in poverty research and policy making.
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Journal ArticleDOI
Risk Aversion in the Small and in the Large
TL;DR: In this article, a measure of risk aversion in the small, the risk premium or insurance premium for an arbitrary risk, and a natural concept of decreasing risk aversion are discussed and related to one another.
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Aspects of the theory of risk-bearing
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The Measurement of the Inequality of Incomes
TL;DR: JSTOR as discussed by the authors is a not-for-profit organization founded in 1995 to build trusted digital archives for scholarship, which is used to preserve their work and the materials they rely upon, and to build a common research platform that promotes the discovery and use of these resources.
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The Efficiency Analysis of Choices Involving Risk
Giora Hanoch,Haim Levy +1 more
TL;DR: In this paper, an analysis of the first step of the decision-making process of an individual decision maker among alternative risky ventures is presented, in terms of a single dimension such as money, both for the utility functions and for the probability distributions.