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Lorenz non-consistent welfare and inequality measurement

✍ Scribed by Alain Chateauneuf; Patrick Moyes


Publisher
Springer US
Year
2005
Tongue
English
Weight
254 KB
Volume
2
Category
Article
ISSN
1569-1721

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In several economic fields, such as those related to health, education, or poverty, the individuals' characteristics are measured by bounded variables. Accordingly, these characteristics may be indistinctly represented by achievements or shortfalls. A difficulty arises when inequality needs to be as