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This paper is concerned with the problem of ranking Lorenz curves in situations where the Lorenz curves intersect and no unambiguous ranking can be attained without introducing weaker ranking criteria than first-degree Lorenz dominance. To deal with such situations Aaberge (2009) introduced two...
Persistent link: https://www.econbiz.de/10008557419
The purpose of this paper is to define various mean-spread-preserving transformations, which can be considered as generalized versions of the mean-Gini-preserving transformation. The mean-Gini-preserving transformation, which was introduced independently by Zoli (1997, 2002) and Aaberge (2000b),...
Persistent link: https://www.econbiz.de/10004980608
This paper is concerned with the problem of ranking Lorenz curves in situations where the Lorenz curves intersect and no unambiguous ranking can be attained without introducing weaker ranking criteria than first-degree Lorenz dominance. To deal with such situations two alternative sequences of...
Persistent link: https://www.econbiz.de/10004980778