On a Transformation of the Gini Coefficient into a Well‐Behaved Social Welfare Function.
Following Sen's (1973) characterization of the Gini coefficient as a ratio between a measure of aggregate income‐based stress ("depression" in Sen's terminology) and aggregate income, we transform the Gini coefficient into a social welfare function rather than having the Gini coefficient feature as...
| Publicado en: | Kyklos Vol. 78; no. 2; pp. 301 - 305 |
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| Formato: | Artículo |
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Wiley-Blackwell
May2025
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=184274571&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 184274571 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00235962 KYK jtl: Kyklos issn: 00235962 maglogo: Y pubinfo: dt: May2025 vid: 78 iid: 2 pid: 480 pub: Wiley-Blackwell artinfo: ui: 184274571 10.1111/kykl.12420 ppf: 301 ppct: 4 formats: fmt: – @attributes: type: T – @attributes: type: P size: 409KB tig: atl: On a Transformation of the Gini Coefficient into a Well‐Behaved Social Welfare Function. aug: au: Stark, Oded affil: University of Bonn,, Germany University of Warsaw,, Poland su: Income inequality Public welfare Social services Social skills Gini coefficient sug: subj: Income inequality Public welfare Social services Social skills Administration of Human Resource Programs (except Education, Public Health, and Veterans' Affairs Programs) Emergency and Other Relief Services Health and Welfare Funds Other Individual and Family Services Gini coefficient keyword: Aggregate income Aggregate income‐based stress Transformation of the Gini coefficient into a social welfare function Aggregate income Aggregate income‐based stress Transformation of the Gini coefficient into a social welfare function ab: Following Sen's (1973) characterization of the Gini coefficient as a ratio between a measure of aggregate income‐based stress ("depression" in Sen's terminology) and aggregate income, we transform the Gini coefficient into a social welfare function rather than having the Gini coefficient feature as an input in a social welfare function as in Sen (1973 and 1997), Sen (1976), and Sen (1982). The "Gini social welfare function" assigns weights that reflect preferences to aggregate income and to aggregate income‐based stress (income inequality), a desirable property that a social welfare function in which the Gini coefficient features as an input does not have. The transformation bears on the formation of public policy and on the welfare analysis of policy interventions. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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