Poverty orderings: A graphical illustration
This note graphically illustrates the power of various poverty ordering conditions. Using the Kolm three-person simplex, we are able to show that (1) for a fixed poverty line the power may be increased as higher degrees of stochastic dominance are considered, (2) for a single but variable poverty line the power is reduced as the line increases, and (3) for a range of poverty lines the power of the third degree ordering condition may be reduced to that of the second degree if the lower bound poverty line is arbitrarily close to zero.
Volume (Year): 18 (2001)
Issue (Month): 1 ()
|Note:||Received: 9 September 1998/Accepted: 11 January 2000|
|Contact details of provider:|| Web page: http://link.springer.de/link/service/journals/00355/index.htm|
|Order Information:||Web: http://link.springer.de/orders.htm|
When requesting a correction, please mention this item's handle: RePEc:spr:sochwe:v:18:y:2001:i:1:p:165-178. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sonal Shukla)or (Christopher F Baum)
If references are entirely missing, you can add them using this form.