Abstract

Measures of economic inequality and poverty indexea are generally baaed on the Gini coefficient and some other measures of income inequality. In a broader context of diversity or distributional inequality, there may be a relatively more prominent qualitative flavour, and in view of that, the Gini-Simpaon index may be appropriate. To blend qualitative and quantitative variations together, some utility-oriented generalizations of the Gini-Simpson index are considered and their general properties are studied. Decomposability properties of such measures are also discussed.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.