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Consider the following nine rules for adjudicating conflicting claims: the proportional, constrained equal awards, constrained equal losses, Talmud, Piniles’, constrained egalitarian, adjusted proportional, random arrival, and minimal overlap rules. For each pair of rules in this list, we...
Persistent link: https://www.econbiz.de/10005503865
Persistent link: https://www.econbiz.de/10005369384
We propose a criterion to rank poverty measures on the basis of distribution-sensitivity. The criterion compares reactions to ‘lossy’ transfers among the poor. We focus on the class of rank-dependent poverty measures and provide distribution-sensitivity rankings of the poverty gap ratio, the...
Persistent link: https://www.econbiz.de/10010786717
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...
Persistent link: https://www.econbiz.de/10010927727
type="main" xml:id="ecca12059-abs-0001" <p>We study the evolution of population-weighted between-country inequality in the period 1980–2009. Whereas previous studies almost exclusively focused on relative inequality measures, we consider relative, absolute and intermediate versions of the Lorenz...</p>
Persistent link: https://www.econbiz.de/10011038585
We provide a parsimonious axiomatisation of the complete class of absolute nequality indices. Our approach uses only a weak form of decomposability and does not require a priori that the measures be differentiable.
Persistent link: https://www.econbiz.de/10010746014
A particular scale-invariant index of poverty is subjected to careful analysis. This leads to a new perspective, not seen before, on the family of subgroup-consistent and scale-invariant poverty indices. Parametric families of new poverty indices are presented which offer the analyst a degree of...
Persistent link: https://www.econbiz.de/10004999033
The unidimensional Pigou-Dalton transfer principle demands that a regressive transfer in income--a transfer from worse-off (poor) to better-off (rich)--decreases social welfare. In a multidimensional setting the direct link between income (or any other attribute) and individual well-being is...
Persistent link: https://www.econbiz.de/10005005912
Many distributional conflicts are characterized by the presence of acquired rights. The basic structure of these conflicts is that of the so-called claims problem, in which an amount of money has to be divided among individuals with differing claims and the total amount available falls short of...
Persistent link: https://www.econbiz.de/10005065370
We propose a straightforward dominance procedure for comparing social welfare orderings (SWOs) with respect to the degree of inequality aversion they express. Three versions of the procedure are considered, each of which uses a different underlying criterion of inequality comparisons: (i) a...
Persistent link: https://www.econbiz.de/10005770841