Inequality and envy

Frank Cowell and Udo Ebert

A chapter in Inequality and Opportunity: Papers from the Second ECINEQ Society Meeting, 2008, pp 37-47 from Emerald Group Publishing Limited

Abstract: Our purpose is to examine the “envy” within the context of income inequality measurement. We use a simple axiomatic structure that takes into account “envy” in the income distribution. The concept of envy incorporated here concerns the distance of each person's income from his or her immediately richer neighbour. We derive two classes of inequality indices – absolute and relative. The envy concept is shown to be similar to justice concepts based on income relativities. This is the first time a complete characterisation has been provided for envy-related inequality.

Date: 2008
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.emerald.com/insight/content/doi/10.101 ... d&utm_campaign=repec (text/html)
https://www.emerald.com/insight/content/doi/10.101 ... d&utm_campaign=repec (application/pdf)
https://www.emerald.com/insight/content/doi/10.101 ... 1049-2585(08)16002-1
Access to full text is restricted to subscribers

Related works:
Working Paper: Inequality and Envy (2006)
Working Paper: Inequality and envy (2006)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eme:reinzz:s1049-2585(08)16002-1

DOI: 10.1016/S1049-2585(08)16002-1

Access Statistics for this chapter

More chapters in Research on Economic Inequality from Emerald Group Publishing Limited
Bibliographic data for series maintained by Emerald Support ().