A class of proximity-sensitive measures of relative deprivation

Oded Stark, Jakub Bielawski and Fryderyk Falniowski

Economics Letters, 2017, vol. 160, issue C, 105-110

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
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (33)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0165176517303257
Full text for ScienceDirect subscribers only

Related works:
Working Paper: A class of proximity-sensitive measures of relative deprivation (2017)
Working Paper: A class of proximity-sensitive measures of relative deprivation (2017)
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:eee:ecolet:v:160:y:2017:i:c:p:105-110

DOI: 10.1016/j.econlet.2017.08.002

Access Statistics for this article

Economics Letters is currently edited by Economics Letters Editorial Office

More articles in Economics Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().