Stark, Oded - In: The Journal of Economic Inequality 22 (2024) 4, pp. 1061-1067
Sen ( 1973 and 1997) presents the Gini coefficient of income inequality in a population as follows. “In any pair-wise comparison the man with the lower income can be thought to be suffering from some depression on finding his income to be lower. Let this depression be proportional to the...