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Wyniki wyszukiwania dla: inequality aversion
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ESTIMATING AVERSION TO RANK INEQUALITY UNDERLYING SELECTED ITALIAN INDICES OF INCOME INEQUALITY
PublikacjaIn this paper, we estimate aversion to rank inequality (ATRI) underlying selected Italian income inequality indices, I, notably the Pietra index, the Bonferroni index and the “new” Zenga index. We measure ATRI by the parameter v of the generalised Gini index G(v). ATRI is distinct from aversion to income inequality, as measured by parameter ε of Atkinson’s index A(ε). We propose eliciting v from the equation I = GE(v). As, in general,...
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Estimating the parameter of inequality aversion on the basis of a parametric distribution of incomes
PublikacjaResearch background: In applied welfare economics, the constant relative inequality aversion function is routinely used as the model of a social decisionmaker’s or a society’s preferences over income distributions. This function is entirely determined by the parameter, ε, of inequality aversion. However, there is no authoritative answer to the question of what the range of ε an analyst should select for empirical work. Purpose...
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Estimating inequality aversion from subjective assessments of the just noticeable differences in welfare
PublikacjaResearch background: In Economics, the concept of inequality aversion corresponds with the concept of risk aversion in the literature on making decision under uncertainty. The risk aversion is estimated on the basis of subjective reactions of people to various lottery prospects. In Economics, however, an efficient method of estimating inequality aversion has not been developed yet. Purpose of the article: The main aim of this paper...
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The boundaries for inequality aversion and certain measures of income inequality = Granice dla awersji do nierówności i pewnych miar nierówności dochodów
PublikacjaW srtykule wykazano, że istnieją granice dla awersji do nierówności przy zastosowaniu miar nierówności dochodów Atkinsona i uogólnionej entropii. Wyznaczono te granice dla rozkładu dochodów uogólnionego Beta drugiego rodzaju GB2
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The atlas of inequality aversion: theory and empirical evidence on 55 countries from the Luxembourg Income Study database
PublikacjaResearch background: In the distributive analysis, the constant relative inequality aversion utility function is a standard tool for ethical judgements of income distributions. The sole parameter ε of this function expresses a society’s aversion to inequality. However, the profession has not committed to the range of ε. When assessing inequality and other welfare characteristics, analysts assume an arbitrary level of ε, common...
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Ontology supported selection of versions for N-version programming in semantic web services
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On Decision-Making Strategies for Improved-Reliability Size Reduction of Microwave Passives: Intermittent Correction of Equality Constraints and Adaptive Handling of Inequality Constraints
PublikacjaDesign optimization of passive microwave components is an intricate process, especially if the primary objective is a reduction of the physical size of the structure. The latter has become an important design consideration for a growing number of modern applications (mobile communications, wearable/implantable devices, internet of things), where miniaturization is imperative due to a limited space allocated for the electronic circuitry....
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Note on the multidimensional Gebelein inequality
PublikacjaWe generalize the Gebelein inequality for Gaussian random vectors in R^d.
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Gebelein's inequality and its consequences
PublikacjaUdowodniono prawa wielkich liczb dla funkcjonałów gaussowskichkorzystając z nierówności Gebeleina.
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Constructive entanglement test from triangle inequality
PublikacjaWe derive a simple lower bound on the geometric measure of entanglement for mixed quantum states in the case of a general multipartite system. The main ingredient of the presented derivation is the triangle inequality applied to the root infidelity distance in the space of density matrices. The obtained bound leads to entanglement criteria with a straightforward interpretation. The proposed criteria provide an experimentally accessible,...