Journal ArticleDOI
On the Measurement of Inequality
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
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Journal ArticleDOI
Notes on Estate Taxes, Redistribution, and the Concept of Balanced Growth Path Incidence
TL;DR: In this paper, the authors argue that, because of capital accumulation effects, the estate tax may increase inequality of income and wealth, and that the government takes actions to offset these accumulation effects.
Journal Article
Equality of Medical Health Resource Allocation in China Based on the Gini Coefficient Method.
TL;DR: The equality of China’s demographically assessed distribution of health care resources is greater than that of its geographically measured distribution, suggesting there is ready access to healthcare in all regions, whilst the Coefficients by geographical area apparently indicate inequality.
Journal ArticleDOI
The Evolution of World Inequality in Well-Being
TL;DR: In this article, the authors investigate the evolution of the inequality in well-being across different countries between 1975 and 2000, focusing on three important dimensions of life: standard of living, health and education.
Book ChapterDOI
Stochastic Dominance and the Lorenz Curve
TL;DR: In this paper, different practical methods that have been devised in order to decide when one income distribution can be reasonably considered as more equal than another distribution have been reviewed, and the results of these methods can be found in Table 1.
References
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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.
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.