Extended Gini Index

2020/12/08 by Dubey, Ram Sewak, Laguzzi, Giorgio
#FOS: Economics and business #Theoretical Economics (econ.TH)

paper · doi:10.48550/arxiv.2012.04141

Abstract

We propose an extended version of Gini index defined on the set of infinite utility streams, X=Y^ℕ where Y⊂ ℝ. For Y containing at most finitely many elements, the index satisfies the generalized Pigou-Dalton transfer principles in addition to the anonymity axiom.

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