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This article focuses on some properties of three tools used to measure economic inequalities with respect to a distribution of wealth $\mu$: Gini coefficient $G$, Hoover coefficient or Robin Hood coefficient $H$, and the Lorenz…

Probability · Mathematics 2024-10-22 Valentin Melot

The Gini index underestimates inequality for heavy-tailed distributions: for example, a Pareto distribution with exponent 1.5 (which has infinite variance) has the same Gini index as any exponential distribution (a mere 0.5). This is…

Methodology · Statistics 2021-10-06 Sabiou Inoua

Gini index is a widely used measure of economic inequality. This article develops a general theory for constructing a confidence interval for Gini index with a specified confidence coefficient and a specified width. Fixed sample size…

Methodology · Statistics 2017-09-21 Bhargab Chattopadhyay , Shyamal Krishna De

We find the set of extremal points of Lorenz curves with fixed Gini index and compute the maximal $L^1$-distance between Lorenz curves with given values of their Gini coefficients. As an application we introduce a bidimensional index that…

Econometrics · Economics 2021-03-08 Amparo Baíllo , Javier Cárcamo , Carlos Mora-Corral

Socio-economic inequality is measured using various indices. The Gini ($g$) index, giving the overall inequality is the most commonly used, while the recently introduced Kolkata ($k$) index gives a measure of $1-k$ fraction of population…

General Finance · Quantitative Finance 2016-11-07 Arnab Chatterjee , Asim Ghosh , Bikas K Chakrabarti

This article examines the application of a popular measure of sparsity, Gini Index, on network graphs. A wide variety of network graphs happen to be sparse. But the index with which sparsity is commonly measured in network graphs is edge…

Discrete Mathematics · Computer Science 2018-07-26 Swati Goswami , C. A. Murthy , Asit K. Das

"The rich are getting richer" implies that the population income distributions are getting more right skewed and heavily tailed. For such distributions, the mean is not the best measure of the center, but the classical indices of income…

Methodology · Statistics 2023-08-08 Vytaras Brazauskas , Francesca Greselin , Ricardas Zitikis

Concern about income inequality has become prominent in public discourse around the world. However, studies in behavioral economics and psychology have consistently shown that people prefer not equal but fair income distributions. Thus,…

General Economics · Economics 2022-09-13 Thitithep Sitthiyot , Kanyarat Holasut

We consider concepts and models for measuring inequality in the distribution of resources with a focus on how inequality varies as a function of covariates. Lorenz introduced a device for measuring inequality in the distribution of income…

Statistics Theory · Mathematics 2008-12-02 Rolf Aaberge , Steinar Bjerve , Kjell Doksum

In this paper we present a new statistic for quantifying galaxy morphology based on measurements of the Gini coefficient of galaxy light distributions. This statistic is easy to measure and is commonly used in econometrics to measure how…

Astrophysics · Physics 2009-11-07 Roberto Abraham , Sidney van den Bergh , Preethi Nair

Given many popular functional forms for the Lorenz curve do not have a closed-form expression for the Gini index and no study has utilized the observed Gini index to estimate parameter(s) associated with the corresponding parametric…

General Economics · Economics 2022-01-03 Thitithep Sitthiyot , Kanyarat Holasut

Social inequality is a topic of interest since ages, and has attracted researchers across disciplines to ponder over it origin, manifestation, characteristics, consequences, and finally, the question of how to cope with it. It is manifested…

Physics and Society · Physics 2015-09-30 Arnab Chatterjee , Asim Ghosh , Jun-ichi Inoue , Bikas K. Chakrabarti

Ratios of quantiles are often computed for income distributions as rough measures of inequality, and inference for such ratios have recently become available. The special case when the quantiles are symmetrically chosen; that is, when the…

Methodology · Statistics 2021-07-13 Luke A. Prendergast , Robert G. Staudte

For the comparison of inequality and welfare in multiple attributes the use of generalized Gini indices is proposed. Individual endowment vectors are summarized by using attribute weights and aggregated in a spectral social evaluation…

Applications · Statistics 2022-11-10 Karl Mosler

Fairness is an important performance criterion in all resource allocation schemes, including those in distributed computer systems. However, it is often specified only qualitatively. The quantitative measures proposed in the literature are…

Networking and Internet Architecture · Computer Science 2007-05-23 R. Jain , D. Chiu , W. Hawe

In classification tasks, the long-tailed minority classes usually offer the predictions that are most important. Yet these classes consistently exhibit low accuracies, whereas a few high-performing classes dominate the game. We pursue a…

Machine Learning · Computer Science 2026-03-18 Ruixi Lin

There is growing interest in designing recommender systems that aim at being fair towards item producers or their least satisfied users. Inspired by the domain of inequality measurement in economics, this paper explores the use of…

Information Retrieval · Computer Science 2023-03-29 Virginie Do , Nicolas Usunier

Via an axiomatic approach, we characterize the family of n-th order Gini deviation, defined as the expected range over n independent draws from a distribution, to quantify joint dispersion across multiple observations. This family extends…

Mathematical Finance · Quantitative Finance 2025-09-16 Xia Han , Ruodu Wang , Qinyu Wu

We provide a survey of the Kolkata index of social inequality, focusing in particular on income inequality. Based on the observation that inequality functions (such as the Lorenz function), giving the measures of income or wealth against…

General Economics · Economics 2021-09-29 Suchismita Banerjee , Bikas K. Chakrabarti , Manipushpak Mitra , Suresh Mutuswami

In this paper we will show that the Gini coefficient and the introduced measure of angular inequality are special cases of a wider indexed family of measurements. We will discuss the properties of the defined class based, inter alia, on a…

Methodology · Statistics 2015-06-02 Piotr Dniestrzanski