BOSMANS, Kristof; DECANCQ, Koen; OOGHE, Erwin - Center for Operations Research and Econometrics (CORE), … - 2013
We argue that normative indices of multidimensional inequality do not only measure a distribution’s extent of inequity (i.e., the gaps between the better-off and the worse-off), but also its extent of inefficiency (i.e., the non-realized mutually beneficial exchanges of goods). We provide a...