The Lorenz zonotope and multivariate majorizations
The distribution of d commodities among n individuals is described by an nþd row stochastic matrix. We present a geometric approach to order such matrices. For a row stochastic matrix the Lorenz zonotope is investigated, which is a higher dimensional generalization of the Lorenz curve. The Lorenz zonotope is a convex polytope. The inclusion of Lorenz zonotopes defines an ordering between row stochastic matrices, which is a multivariate majorization. For a cone in nonnegative d-space, a cone extension of the Lorenz zonotope and the respective inclusion ordering are introduced. We study this class of orderings and establish equivalence with known majorizations. It is provided a finite set of inequalities to which the ordering is equivalent.
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Volume (Year): 15 (1997)
Issue (Month): 1 ()
|Note:||Received: 16 February 1994/Accepted: 22 May 1996|
|Contact details of provider:|| Web page: http://www.springer.com|
|Order Information:||Web: http://www.springer.com/economics/economic+theory/journal/355|
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