Cowell, Frank A.; Ebert, Udo - In: Inequality and opportunity : papers from the second …, (pp. 37-47). 2008
Our purpose is to examine the “envy” within the context of income inequality measurement. We use a simple axiomatic structure that takes into account “envy” in the income distribution. The concept of envy incorporated here concerns the distance of each person's income from his or her...