Inequality Aversion and the Extended Gini in the Light of a Two-person Cake-sharing Problem
Luisa Tibiletti () and
S. Subramanian
Journal of Human Development and Capabilities, 2015, vol. 16, issue 2, 237-244
Abstract:
This brief note aims to communicate, in simple terms, the "meaning" of the family of "Extended" Gini coefficients of inequality, in terms of the shares accruing to the agents in an elementary two-person cake-sharing problem. In the process, a natural notion of the "potential fairness" of a distribution, as well as the notion of "distribution sensitivity", are sought to be explicated in easily accessible terms.
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:taf:jhudca:v:16:y:2015:i:2:p:237-244
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DOI: 10.1080/19452829.2014.956709
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