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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Crisis, Response and Distributional Impact: The Case of Ireland. ESRI WP456. May 2013
TL;DR: The authors examined the income distribution consequences of the recession, and identified the impact of a broad range of austerity policies on the distribution of income in Ireland, finding that the greatest losses were concentrated on the bottom and top deciles.
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The Optimum Enforcement of Laws and the Concept of Justice: A Positive Analysis
TL;DR: In this paper, the authors propose a method to solve the problem of homonymity of homophily in the context of homomorphic data, and no abstracts are available.
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Measuring the Effects of Socio-Economic Variables on the Income Distribution: An Application to the East German Transition Process
TL;DR: In this article, the authors developed a discrete variant of the semiparametric methodology of DiNardo, Fortin, and Lemieux (1996) to measure the effects of socioeconomic variables on the income distribution.
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Growth, income distribution and well‐being in transition countries
Carola Grün,Stephan Klasen +1 more
TL;DR: In this paper, the authors use several well-being measures that combine average income with a measure of inequality to undertake international and intertemporal wellbeing comparisons in transition countries, and find a close correlation between income losses and inequality increases suggesting the ability of appropriate policies to reduce the income loss and reduce rising inequality.
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Risk Classification and Social Welfare
TL;DR: In this article, the authors provide a selective survey of the literature on the social welfare implications of regulations that restrict insurers' use of classification by personal characteristics, referred to as regulatory adverse selection.
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.
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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.