We consider a vector-valued multivariate risk measure that depends on the user's profile given by the user's utility. It is constructed on the basis of weighted-mean trimmed regions and represents the solution of an optimization problem. The key feature of this measure is convexity. We apply the...

This paper applies the Alkire and Foster (2011) index of multidimensional poverty to German data. This is done with respect to the politically most important dimensions of poverty mentioned in the German federal government's report on poverty and wealth. Additionally, a modification of the...