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Relative Deprivation with Imperfect Information

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Author Info
Paolo Verme () (Department of Economics S. Cognetti de Martiis, University of Torino and SDA Bocconi, Milano)
Rima Izem () (Statistics Department, Harvard University)

Additional information is available for the following registered author(s):

Abstract

The paper proposes an alternative index of relative deprivation which allows for selection of the reference group and imperfect information, two central elements of modern theories of social justice. An application to real data and a simulation on artificial data illustrate the use and some properties of the index.

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File URL: http://economicsbulletin.vanderbilt.edu/2008/volume4/EB-07D60003A.pdf
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Publisher Info
Article provided by Economics Bulletin in its journal Economics Bulletin.

Volume (Year): 4 (2008)
Issue (Month): 7 ()
Pages: 1-9
Download reference. The following formats are available: HTML, plain text, BibTeX, RIS (EndNote), ReDIF
Handle: RePEc:ebl:ecbull:v:4:y:2008:i:7:p:1-9

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Postal: Economics Bulletin, Department of Economics, 414 Calhoun Hall, Vanderbilt University, Nashville TN 37235, USA
Phone: 615-322-2920
Fax: 615-343-8495
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Web page: http://www.economicsbulletin.com

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Related research
Keywords: Inequality Relative Deprivation

Find related papers by JEL classification:
D6 - Microeconomics - - Welfare Economics
I3 - Health, Education, and Welfare - - Welfare and Poverty

References listed on IDEAS
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  1. Hey, John D & Lambert, Peter J, 1980. "Relative Deprivation and the Gini Coefficient: Comment," The Quarterly Journal of Economics, MIT Press, vol. 95(3), pages 567-73, November.
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Statistics
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This page was last updated on 2008-7-12.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.