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Generalized gini social welfare function

WebNov 16, 2014 · In the context of Social Welfare and Choquet integration, we briefly review, on the one hand, the generalized Gini welfare functions and inequality indices for populations of n individuals, and on the other hand, the Möbius representation framework for Choquet integration, particularly in the case of k -additive symmetric capacities. WebIn 1994, Blackorby et al. provided the concept of GGBS that can be rationalized by the generalized Gini social welfare functions. The GGBS can be considered as a compromise between the two polar bargaining solutions, namely, the utilitarian and the egalitarian solutions. In general, the GGBS can be regarded as compelling social choice …

The measurement of welfare change SpringerLink

WebFeb 1, 1972 · In analogy to the theory of utility maximization under uncertainty, it is of interest to know under what conditions social welfare can be expressed as a function of … WebRelying on the Gini social welfare function introduced by Sen (1974), we first investigate the situation in which the inequality index is the popular Gini coefficient. 1; ... Our approach illustrates the fruitfulness of the ”generalized social weights approach” to income taxation introduced by Saez and Stantcheva (2016), on which we build ... framework decision making https://summermthomes.com

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WebEnter the email address you signed up with and we'll email you a reset link. WebWe propose a class of measures of welfare change that are based on the generalized Gini social welfare functions. We analyze these measures in the context of a second-order … WebSelect search scope, currently: catalog all catalog, articles, website, & more in one search; catalog books, media & more in the Stanford Libraries' collections; articles+ journal articles & other e-resources framework decision 2001/220/jha

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Category:The measurement of welfare change - Research Papers in Economics

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Generalized gini social welfare function

Inequality of Wellbeing: A Multidimensional Approach

WebOct 1, 2024 · The Gini coefficient features prominently in Amartya Sen’s 1973 and 1997 seminal work on income inequality and social welfare. We construct the Gini coefficient from social-psychological building blocks, reformulating it as a ratio between a measure of social stress and aggregate income. WebSelect search scope, currently: articles+ all catalog, articles, website, & more in one search; catalog books, media & more in the Stanford Libraries' collections; articles+ journal articles & other e-resources

Generalized gini social welfare function

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WebIn particular, the relative Extended Gini index abbreviated social welfare function, can also be interpreted as a special case of the YSWF. Following Donaldson and Weymark … WebThe book provides a comprehensive and timely report on the topic of decision making and decision analysis in economics and the social sciences. The various contributions included in the book, selected using a peer review process, present important studies and research conducted in various countries around the globe.

WebNov 6, 2024 · 6 Conclusion. This article develops the first method for individualized treatment choice when the policy maker’s objective is to maximize an equality-minded rank-dependent SWF. We showed that the average social welfare obtained by the estimated policy converges at the minimax-optimal n − 1 / 2 rate. WebThe Generalized Gini Welfare Function in the Framework of Symmetric Choquet Integration Silvia Bortot & Ricardo Alberto Marques Pereira Chapter 1152 Accesses Part of the Studies in Fuzziness and Soft Computing book series (STUDFUZZ,volume 305) Abstract

WebFeb 1, 2001 · The decomposition of a social welfare function is best captured by expressing total welfare, of a variable of interest, in terms of the weighted sum of individual welfare components of... WebAbstract. As is well known, the use of the Gini coefficient in comparisons is inconsistent with an utilitarian approach. This paper analyzes the Gini coefficient's normative significance …

WebApr 3, 2003 · A generalised social welfare function and its disaggregation by components of income: The method and applications - Author: Pundarik Mukhopadhaya The Social …

WebEnter the email address you signed up with and we'll email you a reset link. framework-dependent executableWebJul 5, 2024 · ECONOMET REV Kuan Xu View Show abstract Statistical Inference with Generalized Gini Indices of Inequality, Poverty, and Welfare Article Feb 2009 J BUS ECON STAT Garry F. Barrett Stephen... frameworkdescription powershellWeb2.2 Generalized Gini welfare functions In this work, we focus on the case where item and user are based on Generalized Gini welfare Functions (GGFs) [73]). A GGF : R →R is a function parameterized by a vector ∈R of non-increasing positive weights such that 1 … framework dental toronto