Axiomatic characterization of the Gini coefficient and Lorenz curve orderings

成果类型:
Article
署名作者:
Aaberge, R
署名单位:
Statistics Norway
刊物名称:
JOURNAL OF ECONOMIC THEORY
ISSN/ISSBN:
0022-0531
DOI:
10.1006/jeth.2000.2749
发表日期:
2001
页码:
115-132
关键词:
Lorenz curve orderings axiomatic characterization measures of inequality The Gini coefficient
摘要:
This paper is concerned with distributions of income and the ordering of related Lorenz curves. By introducing appropriate preference relations on the set of Lorenz curves, two alternative axiomatic characterizations of Lorenz curve orderings are proposed. Moreover, the Gini coefficient is recognized to be rationalizable under both axiom sets; as a result, a complete axiomatic characterization of the Gini coefficient is obtained. Furthermore, axiomatic characterizations of the extended Gini family and an alternative generalized Gini family of inequality measures are proposed. (C) 2001 Academic Press.
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