Measures of Deprivation and their Meaning in Terms of Social Satisfaction
AbstractThis paper proposes relative and absolute measures of deprivation using social satisfaction functions. The relative (absolute) measure gives us the amount by which social satisfaction can be increased in proportional (absolute) terms by redistributing incomes equally. We also demonstrate the existence of a relationship between summary indices of deprivation (including the Gini coefficient, the maximin index, the coefficient of variation and their absolute counterparts) and social satisfaction.
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Bibliographic InfoPaper provided by DELTA (Ecole normale supérieure) in its series DELTA Working Papers with number 98-17.
Length: 10 pages
Date of creation: 1998
Date of revision:
Publication status: Published in Theory and Decision, 1999, 47, pp. 89-101
WELFARE ECONOMICS ; SOCIAL WELFARE ; INCOME;
Other versions of this item:
- Satya Chakravarty & Diganta Mukherjee, 1999. "Measures of Deprivation and their Meaning in Terms of Social Satisfaction," Theory and Decision, Springer, vol. 47(1), pages 89-100, August.
- D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
- D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
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