Esposito, Lucio - In: Review of Income and Wealth 56 (2010) 3, pp. 632-639
A new index of relative deprivation is derived axiomatically. Thanks to an asymptotically concave individual contribution function, the new measure provides a sounder quantification to the concept of relative deprivation as conceptualized in the seminal work of <link rid="b23">Runciman (1966</link>) and better...