LINEAR MEASURES, THE GINI INDEX, AND THE INCOME EQUALITY TRADE-OFF

成果类型:
Article
署名作者:
BENPORATH, E; GILBOA, I
署名单位:
Tel Aviv University
刊物名称:
JOURNAL OF ECONOMIC THEORY
ISSN/ISSBN:
0022-0531
发表日期:
1994
页码:
443-467
关键词:
摘要:
This paper provides an axiomatization of linear inequality measures representing binary relations on the subspace of income profiles having identical total income. Interpreting the binary relation as a policymaker's preference, we extend the axioms to the whole space and find that they characterize linear social evaluation functions. The axiomatization seems to suggest that a policymaker who has a linear measure of inequality on a subspace should have a linear evaluation on the whole space. An extension of the preferences reflected in the Gini index to the whole space is represented by a linear combination of total income and the Gini index. (C) 1994 Academic Press, Inc.