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Smooth inequality measurement: Approximation theorems

Michel Le Breton and Eugenio Peluso

Journal of Mathematical Economics, 2010, vol. 46, issue 4, 405-415

Abstract: The main purpose of this paper is to prove that smoothness is not a restrictive assumption in inequality measurement as any inequality measure (preorder) can be approximated in a well defined sense by a smooth inequality measure (preorder).

Keywords: Inequality; measurement; Schur-convexity; Approximation (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (4)

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