Abstract:
The paper proposes an alternative index of relative deprivation which allows for selection of the reference group and imperfect information, two central elements of modern theories of social justice. An application to real data and a simulation on artificial data illustrate the use and some properties of the index.
More articles in Economics Bulletin from Economics Bulletin Address: Economics Bulletin, Department of Economics, 414 Calhoun Hall, Vanderbilt University, Nashville TN 37235, USA Series data maintained by John Conley ().
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