Inequality and Envy
Using a simple axiomatic structure we characterise two classes ofinequality indices - absolute and relative - that take into account "envy"in the income distribution. The concept of envy incorporated hereconcerns the distance of each person's income from his or herimmediately richer neighbour. This is shown to be similar to justiceconcepts based on income relativities.
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- Frank Cowell & Udo Ebert, 2004.
"Complaints and inequality,"
Social Choice and Welfare,
Springer;The Society for Social Choice and Welfare, vol. 23(1), pages 71-89, 08.
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- BOSSERT, Walter & D'AMBROSIO, Conchita, 2004.
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Cahiers de recherche
2004-10, Universite de Montreal, Departement de sciences economiques.
- Falk, Armin & Knell, Markus, 2004.
"Choosing the Joneses: Endogenous Goals and Reference Standards,"
CEPR Discussion Papers
4459, C.E.P.R. Discussion Papers.
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- Falk, Armin & Knell, Markus, 2004. "Choosing the Joneses: Endogenous Goals and Reference Standards," IZA Discussion Papers 1152, Institute for the Study of Labor (IZA).
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