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
On the Use of Distributional Weights in Social Cost-Benefit Analysis
TL;DR: In this paper, the authors explore how to use distributional weights to analyze investment projects and to determine an optimum income-tax structure, and explore alternative "solutions" to these difficulties.
An Econometric Approach to the Measurement of Poverty. (Oxford Economic Papers, 40:3, 505-522, Sept 1988)
Meghnad Desai,Anup Shah +1 more
TL;DR: In this article, the authors present a method for specifying and measuring poverty, defined as relative deprivation, based on the distance between an individual's consumption experience and the social norm, where consumption experience is defined in terms of events and the modal frequency of an event in the community defines the norm.
Inequality: Methods and Tools
TL;DR: The authors conceptualized inequality as the dispersion of a distribution, whether that be income, consumption or some other welfare indicator or attribute of a population, and showed that inequality can encapsulate ethical concepts such as the desirability of a particular system of rewards or simply mean differences in income.
Journal ArticleDOI
On measuring literacy
TL;DR: In this paper, the authors present a new approach to evaluate the level of effective literacy in a region or country, one that takes into account the presence in a household of a literate person.
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.