On Revealed Diversity

Gaetano Gaballo () and Ernesto Savaglio ()

Department of Economics University of Siena from Department of Economics, University of Siena

Abstract: We introduce and characterize axiomatically a diversity criterion, capturing individual dissimilarity as `revealed' by the different best-choices that members of a society select from a set of opportunities. Diversity ordering is induced by a class of frequency-based evaluation functions, the one element of which is the celebrated diversity measure, Shannon entropy

JEL-codes: D31 D63 I31 (search for similar items in EconPapers)
Date: 2012-04
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Persistent link: https://EconPapers.repec.org/RePEc:usi:wpaper:635

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