Fuzzy Version of Gini’s Index
Besma Belhadj (),
Firas Kaabi () and
Mejda Bouanani ()
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Besma Belhadj: University of ElManar
Firas Kaabi: University of Bordeaux
Mejda Bouanani: Taif University
Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, 2021, vol. 157, issue 3, No 11, 1079-1087
Abstract:
Abstract The Gini index (Gini in Variabilità e mutabilità: contributo allo studio delle distribuzioni e delle relazioni statistiche, Studi Economico-Giuridici, Facoltà di Giurisprudenza della Regia Università di Cagliari, anno III, parte II, Cuppini, Bologna, 1912) is the oldest and famous inequality measure. A Lorenz curve plots the cumulative percentages of total income received against the cumulative number of recipients, starting with the poorest individual or household. The Gini index measures the area between the Lorenz curve and a hypothetical line of absolute equality, expressed as a percentage of the maximum area under the line. In this paper, a fuzzy version of Gini’s index is proposed and used it to propose an axiomatic measure of inequality.
Keywords: Gini’s index; Membership function of absolute equality; Membership function of inequality; Fuzzy Gini index; Fuzzy inequaly index (search for similar items in EconPapers)
JEL-codes: C02 C43 D63 (search for similar items in EconPapers)
Date: 2021
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DOI: 10.1007/s11205-021-02681-z
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