Journal ArticleDOI
On the Measurement of Inequality
Reads0
Chats0
TLDR
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
Citations
More filters
Journal ArticleDOI
Corruption and income inequality in the united states
Oguzhan C. Dincer,Burak Günalp +1 more
TL;DR: In this paper, a corruption survey conducted by World Bank in Cambodia reveals that low-income individuals on average spend 2.3% of their income on bribes compared to 0.9% for higher income individuals.
Journal ArticleDOI
A Comparison of Intergenerational Mobility Curves in Germany, Norway, Sweden, and the US
Espen Bratberg,Jonathan Davis,Bhashkar Mazumder,Martin Nybom,Daniel D. Schnitzlein,Kjell Vaage +5 more
TL;DR: In this article, the authors examine intergenerational mobility differences between Germany, Norway, Sweden, and the US and find that the US is substantially less intergenerationally mobile than the three European countries.
Book ChapterDOI
4. Extended bi-polarization and inequality measures
TL;DR: In this paper, a nueva medida de bi-polarizacion consistent with the segunda curva de polarizacion was proposed, which allowed aproximar the desigualdad and the polarización dentro de un mismo marco conceptual.
Journal ArticleDOI
Revisiting poverty and welfare dominance
TL;DR: In this article, the authors provide a review of the theory of the measurement of poverty and the axiomatic properties of poverty indexes, which are related to assumptions on their functional form.
Journal ArticleDOI
Why ethical measures of inequality need interpersonal comparisons
TL;DR: An ethical measure of income inequality corresponds to a social ordering of income distributions, and without interpersonal comparisons, the only possible social orderings are dictatorial, so there can be no ethical inequality measure as discussed by the authors.
References
More filters
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.
Journal ArticleDOI
Aspects of the theory of risk-bearing
Journal ArticleDOI
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.
Journal ArticleDOI
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.