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Measurement of inequality with a finite number of pay states : the majorization set and its applications

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I am grateful to Vassily Gorbanov, Tarik Yalcin and Fabrizio Germano for extended discussions and suggestions, and to an associate editor and a reviewer for constructive comments. I also wish… Click to show full abstract

I am grateful to Vassily Gorbanov, Tarik Yalcin and Fabrizio Germano for extended discussions and suggestions, and to an associate editor and a reviewer for constructive comments. I also wish to thank Francesco Andreoli, Geoffrey Burton, Joe Swierzbinski, Alain Trannoy, Claudio Zoli and seminar participants at the Aix-Marseille School of Economics for discussions. I am responsible for any errors.

Keywords: finite number; measurement inequality; number pay; states majorization; pay states; inequality finite

Journal Title: Economic Theory
Year Published: 2018

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