In the context of Choquet integration with respect to symmetric capacities, we consider the binomial decomposition of OWA functions in terms of the binomial Gini welfare functions Cj , j = 1, ...,n, and the associated binomial Gini inequality indices Gj , j = 1, ...,n, which provide two equivalent descriptions of k-additivity. We illustrate the weights of the binomial Gini welfare functions Cj , j = 1, ...,n, and the coefficients of the associated binomial Gini inequality indices Gj , j = 1, ...,n, which progressively focus on the poorest part of the population. Moreover, we investigate the numerical behavior of the binomial Gini welfare functions and inequality indices in relation to a family of income distributions described by a parameter related with inequality.

Welfare functions and inequality indices in the binomial decomposition of OWA functions / Bortot, Silvia; Marques Pereira, Ricardo Alberto; Nguyen, Hong Thuy. - ELETTRONICO. - 2015/08:(2015), pp. 1-22.

Welfare functions and inequality indices in the binomial decomposition of OWA functions

Bortot, Silvia;Marques Pereira, Ricardo Alberto;Nguyen, Hong Thuy
2015-01-01

Abstract

In the context of Choquet integration with respect to symmetric capacities, we consider the binomial decomposition of OWA functions in terms of the binomial Gini welfare functions Cj , j = 1, ...,n, and the associated binomial Gini inequality indices Gj , j = 1, ...,n, which provide two equivalent descriptions of k-additivity. We illustrate the weights of the binomial Gini welfare functions Cj , j = 1, ...,n, and the coefficients of the associated binomial Gini inequality indices Gj , j = 1, ...,n, which progressively focus on the poorest part of the population. Moreover, we investigate the numerical behavior of the binomial Gini welfare functions and inequality indices in relation to a family of income distributions described by a parameter related with inequality.
2015
Trento
Department of Economics and Management. University of Trento, Italy
Welfare functions and inequality indices in the binomial decomposition of OWA functions / Bortot, Silvia; Marques Pereira, Ricardo Alberto; Nguyen, Hong Thuy. - ELETTRONICO. - 2015/08:(2015), pp. 1-22.
Bortot, Silvia; Marques Pereira, Ricardo Alberto; Nguyen, Hong Thuy
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11572/115530
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