UPPER BOUNDEDNESS FOR THE MEASUREMENT OF RELATIVE DEPRIVATION

Lucio Esposito ()

Review of Income and Wealth, 2010, vol. 56, issue 3, 632-639

Abstract: A new index of relative deprivation is derived axiomatically. Thanks to an asymptotically concave individual contribution function, the new measure provides a sounder quantification to the concept of relative deprivation as conceptualized in the seminal work of Runciman (1966) and better reflects the sociological connotations of the phenomenon.

Date: 2010
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https://doi.org/10.1111/j.1475-4991.2010.00396.x

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