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Paolo Verme and Rima Izem |
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''Relative Deprivation with Imperfect Information'' |
( 2008, Vol. 4 No.7 ) |
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The paper proposes an alternative index of relative deprivation which allows for selection of the reference group and imperfect information, two central elements of modern theories of social justice. An application to real data and a simulation on artificial data illustrate the use and some properties of the index.
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JEL: D6 - Welfare Economics: General I3 - Welfare and Poverty: General |
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Manuscript Received : Sep 08 2007 | | Manuscript Accepted : Mar 12 2008 |
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