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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Aggregate Consumer Behaviour and the Measurement of Inequality
TL;DR: In this article, an approach to inequality measurement based on an econometric model of aggregate consumer behavior is presented, where individual demand functions can be recovered uniquely from the system of aggregate demand functions.
Journal ArticleDOI
Is income redistribution a form of insurance, a public good or both?
TL;DR: In this paper, the authors focus on a single, salient relationship between local unemployment rates and demand for spending on unemployment benefits and find that increases in local unemployment rate lead to increased demand by workers for unemployment benefits spending.
Pakistan Economic and Social Review
Talat Afza,Mian Sajid Nazir +1 more
TL;DR: In this paper, the role of human resource management as a tool to improve the economic competitiveness of South Asian region in general and Pakistan in particular and hence attracting the foreign capital inflow to boost the economic growth.
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Is Inequality Among Universities Increasing? Gini Coefficients and the Elusive Rise of Elite Universities
Willem Halffman,Loet Leydesdorff +1 more
TL;DR: It is suggested that increased output steering from the policy side leads to a global conformation to performance standards, and Gini coefficients to university rankings do not support the thesis that universities are becoming more unequal.
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.