Resource title

Inequality and envy

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image for OpenScout resource :: Inequality and envy

Resource description

Using a simple axiomatic structure we characterise two classes of inequality indices - absolute and relative - that take into account “envy” in the income distribution. The concept of envy incorporated here concerns the distance of each person’s income from his or her immediately richer neighbour. This is shown to be similar to justice concepts based on income relativities.

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en

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application/pdf

Resource resource URL

http://eprints.lse.ac.uk/2689/1/Inequality_and_Envy.pdf

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