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Ram Sewak Dubey and Giorgio Laguzzi |
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''Extended Gini index'' |
( 2021, Vol. 41 No.2 ) |
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We propose an extended version of Gini index defined on the set of infinite utility streams, $X=Y^{mathbb{N}}$ where $Ysubsetmathbb{R}$.
For $Y$ containing at most finitely many elements, the index satisfies the generalized Pigou-Dalton transfer principles in addition to the anonymity axiom. |
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Keywords: Anonymity, Extended Gini index, Generalized Pigou-Dalton transfer principle, Social welfare function. |
JEL: D7 - Analysis of Collective Decision-Making: General D3 - Distribution: General |
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Manuscript Received : Dec 07 2020 | | Manuscript Accepted : Apr 09 2021 |
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