A class of proximity-sensitive measures of relative deprivation
Oded Stark,
Jakub Bielawski and
Fryderyk Falniowski
No 101, University of Tübingen Working Papers in Business and Economics from University of Tuebingen, Faculty of Economics and Social Sciences, School of Business and Economics
Abstract:
We introduce a new class of generalized measures of relative deprivation. The class takes the form of a power mean of order p . A characteristic of the class is that depending on the value of the proximity-sensitive parameter p , the class is capable of accommodating both a decreasing weight (the case of p >1), and an increasing weight (the case of p∈(0,1) ) accorded to given changes in the incomes of the individuals who are wealthier than the reference individual, depending on their proximity in the income distribution to the reference individual.
Keywords: Income distribution; Relative deprivation; Sensitivity to income transfers between wealthier individuals; Sensitivity to the proximity of changes in others' incomes (search for similar items in EconPapers)
JEL-codes: D31 D33 D63 H23 (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (33)
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Related works:
Journal Article: A class of proximity-sensitive measures of relative deprivation (2017) 
Working Paper: A class of proximity-sensitive measures of relative deprivation (2017) 
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:tuewef:101
DOI: 10.15496/publikation-19197
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