An elementary characterization of the Gini index

L. Plata-Pérez, Joss Sanchez-Perez () and F. Sánchez-Sánchez
Authors registered in the RePEc Author Service: Leobardo Plata Pérez ()

Mathematical Social Sciences, 2015, vol. 74, issue C, 79-83

Abstract: The Gini index is one of the most used indicators of social and economic inequality. In this paper we characterize the Gini index as the unique function that satisfies the properties of scale independence, symmetry, standardization and comonotone separability. Furthermore, we propose a simpler way to compute it.

Date: 2015
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Working Paper: An elementary characterization of the Gini index (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:matsoc:v:74:y:2015:i:c:p:79-83

DOI: 10.1016/j.mathsocsci.2015.01.002

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