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Determination of the Beta distribution form its Lorenz curve

✍ Scribed by T. Pham-Gia; N. Turkkan

Publisher
Elsevier Science
Year
1992
Tongue
English
Weight
856 KB
Volume
16
Category
Article
ISSN
0895-7177

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✦ Synopsis

The Lorenz curve, well-utilized in economics for income study and modelling, has seen recent application in several other domains as well. ln this article, assuming a Beta underlying distribution, a method is presented to derive the parameters of that distribution, from its given sample or population Lorenz curve. Simulation results and a numerical example are also provided.

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