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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Transient Seasonal and Chronic Poverty of Peasants: Evidence from Rwanda
TL;DR: In this article, the authors estimate seasonal transient and chronic poverty indices, for differen t poverty lines, poverty indicators, equivalence scales, and with and without corrections for price variability and for the sampling scheme.
Proceedings ArticleDOI
Remote analysis and measurement of libre software systems by means of the CVSAnalY tool
TL;DR: This paper proposes a methodology for measuring and analyzing remotely big libre software projects using publicly-available data from their version control repositories, and implements a tool called CVSAnalY that has been implemented following this methodology.
Journal ArticleDOI
Consumption and Income Inequality in Australia
TL;DR: The authors found that consumption is much more equal than income in Australia than income, and that consumption inequality rose by much less than income inequality in Australia compared to the US. But they also found that some of the growth in income inequality reflects transitory fluctuations which households can smooth.
Journal ArticleDOI
Lorenz Dominance and the Variance of Logarithms
James E. Foster,Efe A. Ok +1 more
TL;DR: This article showed that the extent and likelihood of the divergence between the Lorenz criterion and the variance of logarithms can be extremely large, and that the likelihood is far from negligible.
Journal ArticleDOI
Intersecting generalized Lorenz curves and the Gini index
TL;DR: In this paper, the Gini coefficient's normative significance in welfare comparisons evaluating income distributions according to the Yaari dual social welfare function is analyzed, showing that when generalized Lorenz curves cross once, it is decisive in determining welfare rankings if we strengthen the Principle of Transfers applying a Positional version of the principle of Transfer Sensitivity.
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.