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An Atkinson-Gini Family of Social Evaluation Functions

AutorAraar, Abdelkrim; Duclos, Jean-Yves
Palabras claveSocial evaluation functions
Inequality
Relative deprivation
Altruism
Fecha de publicación24-ene-2001
SerieUFAE and IAE Working Papers
476.01
ResumenWe investigate the properties of a family of social evaluation functions and inequality indices which merge the features of the family of Atkinson (1970) and S-Gini (Donaldson and Weymark (1980, 1983), Yitzhaki (1983) and Kakwani (1980)) indices. Income inequality aversion is captured by decreasing marginal utilities, and aversion to rank inequality is captured by rank-dependent ethical weights, thus providing an ethically-flexible dual basis for the assessment of inequality and equity. These ocial evaluation functions can be interpreted as average utility corrected for the illfare of relative deprivation. They can alternatively be understood as averages of altruistic well-being in a population. They moreover have a simple graphical interpretation.
DescripciónThis is a significant revision of a paper which first appeared as Working Paper 98-26, CRÉFA, Département d’économique, Université Laval, Canada.
URIhttp://hdl.handle.net/10261/1897
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