Abstract
Welfare judgement on income distribution has often been made on the basis of weighted sum of individual incomes, the weights being based on some notion of relative deprivation. In a recent contribution to this Journal, Chakrabarty (1995) proposed a set of weights leading to a Social Welfare Function (SWF) based on Theil's entropy measure, not normalised. This paper proposes two more sets of weights leading to a pair of SWFs with similar properties and interpretations. Properties of a new measure of inequality derived from these SWFs are also scrutinised.
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More From: Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics
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