Bosmans, Kristof - In: Journal of Mathematical Economics 51 (2014) C, pp. 69-76
We propose a criterion to rank poverty measures on the basis of distribution-sensitivity. The criterion compares … reactions to ‘lossy’ transfers among the poor. We focus on the class of rank-dependent poverty measures and provide distribution-sensitivity … alternative distribution-sensitivity criteria based on the Arrow–Pratt theory of risk aversion. Finally, we provide an empirically …