Journal ArticleDOI
On the Measurement of Inequality
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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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Measuring long-term inequality of opportunity
TL;DR: In this paper, rank-dependent measures of inequality and social welfare consistent with the equality of opportunity (EOp) principle are introduced. But they do not consider the long-term ex-post inequality of opportunity.
Journal ArticleDOI
Equity weights in the allocation of health care: the rank-dependent QALY model.
TL;DR: The rank-dependent quality-adjusted life-years (QALY) model is introduced, a new method to aggregate QALYs in economic evaluations of health care, and its central condition has normative appeal is argued.
Book
Empirical Social Choice: Questionnaire-Experimental Studies on Distributive Justice
Wulf Gaertner,Erik Schokkaert +1 more
TL;DR: In this paper, the authors present a list of figures and tables for fairness in health, including traditional questions, traditional questions and why and how, and traditional questions about fairness in health.
Posted Content
Dalton-Improving Indirect Tax Reform
Joram Mayshar,Shlomo Yitzhaki +1 more
TL;DR: In this article, the authors developed a procedure for identifying marginal Dalton-improving reforms in the context of indirect taxation and illustrated using data on excise taxes in the United Kingdom, where they used a prior social ranking of households and a transfer is approved if it it distributes from high-ranking ("rich") to low-ranking ('poor') households, without altering the ranking itself.
ReportDOI
Removing the Veil of Ignorance in Assessing the Distributional Impacts of Social Policies
TL;DR: In this article, the authors present an approach to evaluate the distributional effects of social programs without invoking the "Veil of Ignorance" assumption often used in the literature in applied welfare economics.
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.