This 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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Paper 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 Handle: RePEc:del:abcdef:98-17
Find related papers by JEL classification: 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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