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
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Introduction, Handbook of Social Choice and Welfare, Edited by Kenneth Arrow, Amartya Sen and Kotaro Suzumura, Amsterdam: Elsevier/North-Holland
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Happiness inequality in the United States
Betsey Stevenson,Justin Wolfers +1 more
TL;DR: This article examined how the level and dispersion of self-reported happiness has evolved over the period 1972-2006 and found a pervasive decline in within-group inequality during the 1970s and 1980s that was experienced by even narrowly defined demographic groups.
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Decision Support for Target-Based Resource Allocation of Public Services in Multiunit and Multilevel Systems
TL;DR: In this paper, a network-based representation of multilevel resource management with equity, efficiency, and effectiveness being recognized as the fundamental objectives of the system was developed, which combines data envelopment analysis and goal programming formulations integrated within an interactive planning framework.
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What should an index of school segregation measure
Rebecca Allen,Anna Vignoles +1 more
TL;DR: In this paper, the authors make a methodological contribution to the education segregation literature, providing a critique of previous measures of segregation used in the literature, as well as suggesting an alternative approach to measuring segregation.
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Removing the anonymity axiom in assessing pro-poor growth
TL;DR: In this article, a new concept of pro-poor growth which removes the anonymity axiom is proposed, and an original decomposition of poverty changes over time which links both concepts.
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
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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.