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Inequality comparisons when the populations differ in size

Aboudi, Ronny and Thon, Dominique and Wallace, Stein W (2010) Inequality comparisons when the populations differ in size. Journal of Economic Inequality, 8 (1). pp. 47-70. ISSN 1569-1721

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Abstract

This paper considers the problem of comparing two income distributions with different numbers of income recipients. The approach eschews the “replication of populations” of Dalton’s Population Principle which has been a fixture of the literature on income inequality since its inception. We start from a preorder which is a generalization of majorization, construct the “better-than” set and characterize the order-preserving welfare functions in a unified framework. The fixed population case falls off as a particular case.

Item Type: Article
Journal or Publication Title: Journal of Economic Inequality
Uncontrolled Keywords: Income inequality ; Lorenz dominance ; Majorization ; Population axiom
Subjects:
Departments: Lancaster University Management School > Management Science
ID Code: 45543
Deposited By: ep_importer_pure
Deposited On: 11 Jul 2011 19:33
Refereed?: Yes
Published?: Published
Last Modified: 17 Nov 2017 10:44
Identification Number:
URI: http://eprints.lancs.ac.uk/id/eprint/45543

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