Generalized Gini polarization indices for an ordinal dimension of human well-being
Satya Chakravarty and
Bhargav Maharaj
International Journal of Economic Theory, 2015, vol. 11, issue 2, 231-246
Abstract:
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This paper suggests a family of generalized Gini indices of polarization that can be applied to dimensions of human well-being with ordinal significance such as self-assessed health data and literacy. We investigate several properties of this general index and characterize it axiomatically. We also look at a quasi-ordering induced by the generalized Gini indices for ranking alternative distributions of an ordinally measurable dimension. Implications of some of the axioms are also investigated.
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:bla:ijethy:v:11:y:2015:i:2:p:231-246
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