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‘A Fair Suck of the Sauce Bottle’ or What Do You Mean by Inequality?

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  • F. A. COWELL

Abstract

The literature on the economics of inequality conventionally uses the utilitarian social welfare function as a tool for comparing income distributions. This approach usually suppresses the distinction between two types of ‘inequality aversion’. The formal analysis of these two types is examined and the results of an informal survey are reported.

Suggested Citation

  • F. A. Cowell, 1985. "‘A Fair Suck of the Sauce Bottle’ or What Do You Mean by Inequality?," The Economic Record, The Economic Society of Australia, vol. 61(2), pages 567-579, June.
    • Handle: RePEc:bla:ecorec:v:61:y:1985:i:2:p:567-579
    DOI: 10.1111/j.1475-4932.1985.tb02012.x
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    References listed on IDEAS

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    1. Cowell, Frank A. & Kuga, Kiyoshi, 1981. "Additivity and the entropy concept: An axiomatic approach to inequality measurement," Journal of Economic Theory, Elsevier, vol. 25(1), pages 131-143, August.
    2. Rothschild, Michael & Stiglitz, Joseph E., 1973. "Some further results on the measurement of inequality," Journal of Economic Theory, Elsevier, vol. 6(2), pages 188-204, April.
    3. Frank A. Cowell, 1980. "On the Structure of Additive Inequality Measures," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 47(3), pages 521-531.
    4. Glejser, H. & Gevers, L. & Lambot, Ph. & Morales, J.A., 1977. "An econometric study of the variables determining inequalitty aversion among students," European Economic Review, Elsevier, vol. 10(2), pages 173-188.
    5. Van Praag, Bernard M.S., 1977. "The perception of welfare inequality," European Economic Review, Elsevier, vol. 10(2), pages 189-207.
    6. Charles Blackorby & David Donaldson & Maria Auersperg, 1981. "A New Procedure for the Measurement of Inequality within and among Population Subgroups," Canadian Journal of Economics, Canadian Economics Association, vol. 14(4), pages 665-685, November.
    7. Sen, Amartya, 1973. "On Economic Inequality," OUP Catalogue, Oxford University Press, number 9780198281931.
    8. Atkinson, Anthony B., 1970. "On the measurement of inequality," Journal of Economic Theory, Elsevier, vol. 2(3), pages 244-263, September.
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