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In this paper, the method of deriving the parameter ε of inequality aversion from a parametric distribution of incomes … constant inequality aversion utility function and that incomes obey the generalised beta distribution of the second kind GB2(a …) interval. The mid-point εmid of this interval specifies inequality aversion of the median socialdecision maker. The maximum …
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bimodality disappeared in subsequent years. Inequality and poverty decreased in accordance with a three-phase pattern over the … period. Whether clones are scaled to GDP or HFCE matters when evaluating inequality and poverty levels, but not when …
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