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
Citations
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Dissertation
Heterogeneity in Social Dilemmas: The Case of Social Support
TL;DR: In this paper, the authors investigate whether more support is provided by homogeneous actors than by heterogeneous actors for different kinds of heterogeneity and derive hypotheses on actors' supportive behavior from game-theoretic analyses and test them with data from laboratory experiments.
Journal ArticleDOI
Dopamine modulates egalitarian behavior in humans.
Ignacio Saez,Lusha Zhu,Eric Set,Eric Set,Andrew S. Kayser,Andrew S. Kayser,Ming Hsu,Ming Hsu +7 more
TL;DR: Using a combination of pharmacological tools and economic games, critical evidence is provided for a causal involvement of dopamine in human egalitarian tendencies and potential implications for the understanding of the complex array of social impairments accompanying neuropsychiatric disorders involving dopaminergic dysregulation are shed.
Journal ArticleDOI
Income sources effects on inequality
TL;DR: In this article, a subset of entropy decomposition rules is proposed to assign inequality contributions to different components of income, and a method of assessing the impact on inequality of marginal changes in income components originally applied to Gini index by Lerman and Yitzhaki is extended to other measures of inequality.
Proceedings Article
Fairness behind a veil of ignorance: a welfare analysis for automated decision making
TL;DR: In this article, the authors propose a family of welfare-based measures of individual fairness for automated decision-making systems, which is justified by the Rawlsian notion of fairness behind a veil of ignorance.
Journal ArticleDOI
The Altruistic Rich? Inequality and Other-Regarding Preferences for Redistribution
TL;DR: The authors proposed a model of other-regarding preferences for redistribution, which they termed income-dependent altruism, which predicts that an individual's preferred level of redistribution is decreasing in income, increasing in inequality, and more importantly that the inequality effect is increasing in income.
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.