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Extended Gini Index

Ram Dubey () and Giorgio Laguzzi

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Abstract: We propose an extended version of Gini index defined on the set of infinite utility streams, $X=Y^\mathbb{N}$ where $Y\subset \mathbb{R}$. For $Y$ containing at most finitely many elements, the index satisfies the generalized Pigou-Dalton transfer principles in addition to the anonymity axiom.

Date: 2020-12, Revised 2021-02
New Economics Papers: this item is included in nep-upt
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Handle: RePEc:arx:papers:2012.04141