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We provide an axiomatization of Yitzhaki’s index of individual deprivation. Our result differs from an earlier characterization due to Ebert and Moyes in the way the reference group of an individual is represented in the model. Ebert and Moyes require the index to be defined for all logically...
Persistent link: https://www.econbiz.de/10005545568
We examine the measurement of individual poverty in an intertemporal context. In contrast to earlier contributions, we assign importance to the persistence in a state of poverty and we characterize a class of individual intertemporal poverty measures reflecting this feature. In addition, we...
Persistent link: https://www.econbiz.de/10008617020
We introduce and axiomatize a one-parameter class of individual deprivation measures. Motivated by a suggestion of Runciman, we modify Yitzhaki’s index by multiplying it by a function that is interpreted as measuring the part of deprivation generated by an agent’s observation that others in...
Persistent link: https://www.econbiz.de/10008671557
The goal of this paper is to contribute to the economic literature on ethnic and cultural diversity by proposing a new index that is informationally richer and more flexible than the commonly used ‘ethno-linguistic fractionalization’ (ELF) index. We characterize a measure of diversity among...
Persistent link: https://www.econbiz.de/10005545777
This paper characterizes an index that is informationally richer than the commonly used ethno‐linguistic fractionalization (ELF) index. Our measure of fractionalization takes as a primitive the individuals, as opposed to ethnic groups, and uses information on the similarities among them....
Persistent link: https://www.econbiz.de/10014177470
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This note reexamines the single-profile approach to social-choice theory. If an alternative is interpreted as a social state of affairs or a history of the world, it can be argued that a multi-profile approach is inappropriate because the information profile is determined by the set of...
Persistent link: https://www.econbiz.de/10005545570
We examine the maximal-element rationalizability of choice functions with arbitrary domains. While rationality formulated in terms of the choice of greatest elements according to a rationalizing relation has been analyzed relatively thoroughly in the earlier literature, this is not the case for...
Persistent link: https://www.econbiz.de/10005545606