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Given that the existing parametric functional forms for the Lorenz curve do not fit all possible size distributions, a universal parametric functional form is introduced. By using the empirical data from different scientific disciplines and…

Data Analysis, Statistics and Probability · Physics 2023-04-28 Thitithep Sitthiyot , Kanyarat Holasut

To demonstrate the usefulness of physical approaches for the study of realistic economic systems, we investigate the inequality of players' wealth in one of the most extensively studied econophysical models, namely, the minority game (MG).…

Statistical Mechanics · Physics 2009-11-10 K. H. Ho , F. K. Chow , H. F. Chau

The Gini index is a popular inequality measure with many applications in social and economic studies. This paper studies semiparametric inference on the Gini indices of two semicontinuous populations. We characterize the distribution of…

Statistics Theory · Mathematics 2021-06-08 Meng Yuan , Pengfei Li , Changbao Wu

We propose a new family of inequality indices that bridges the Hoover index and the Gini coefficient. The measure is defined as the normalized expected absolute value of a convex combination of deviations from the mean and pairwise…

Methodology · Statistics 2026-03-30 Roberto Vila , Helton Saulo , Felipe Quintino

Income inequality is an important issue that has to be solved in order to make progress in our society. The study of income inequality is well received through the Gini coefficient, which is used to measure degrees of inequality in general.…

General Economics · Economics 2025-06-26 Wanetha Sudswong , Anon Plangprasopchok , Chainarong Amornbunchornvej

Graph Neural Networks (GNNs) have demonstrated impressive performance across various tasks, leading to their increased adoption in high-stakes decision-making systems. However, concerns have arisen about GNNs potentially generating unfair…

Machine Learning · Computer Science 2026-01-09 Anuj Kumar Sirohi , Anjali Gupta , Sandeep Kumar , Amitabha Bagchi , Sayan Ranu

We propose a multivariate extension of the Lorenz curve based on multivariate rearrangements of optimal transport theory. We define a vector Lorenz map as the integral of the vector quantile map associated with a multivariate resource…

Econometrics · Economics 2024-04-17 Yanqin Fan , Marc Henry , Brendan Pass , Jorge A. Rivero

A society or country with income equally distributed among its people is truly a fiction! The phenomena of socioeconomic inequalities have been plaguing mankind from times immemorial. We are interested in gaining an insight about the…

General Finance · Quantitative Finance 2018-08-07 Kiran Sharma , Subhradeep Das , Anirban Chakraborti

We investigate the repeated averaging model for money exchanges: two agents picked uniformly at random share half of their wealth to each other. It is intuitively convincing that a Dirac distribution of wealth (centered at the initial…

Probability · Mathematics 2021-08-19 Fei Cao

The argument that the alarming level of Gini coefficient is 0.4 is very popular, especially in the media industry, all around the world for a long time. Although the 0.4 standard is widely accepted, the derivation of the value lacks rigid…

General Finance · Quantitative Finance 2014-09-16 Yong Tao , Xiangjun Wu , Changshuai Li

In this paper, we use a simple discrete dynamical model to study integer partitions and their lattice. The set of reachable configurations of the model, with the order induced by the transition rule defined on it, is the lattice of all…

Combinatorics · Mathematics 2021-03-08 Matthieu Latapy , Thi Ha Duong Phan

In this paper, we introduce a novel flexible Gini index, referred to as the extended Gini index, which is defined through ordered differences between the $j$th and $k$th order statistics within subsamples of size $m$, for indices satisfying…

Methodology · Statistics 2025-05-06 Roberto Vila , Helton Saulo

Statistical physicists and social scientists both study extensively some characteristic features of the unequal distributions of energy, cluster or avalanche sizes and of income, wealth etc among the particles (or sites) and population…

Physics and Society · Physics 2022-10-26 Asim Ghosh , Soumyajyoti Biswas , Bikas K. Chakrabarti

We introduce the social welfare implications of the Zenga index, a recently proposed index of inequality. Our proposal is derived by following the seminal book by Son (2011) and the recent working paper by Kakwani and Son (2019). We compare…

General Economics · Economics 2020-06-24 Francesca Greselin , Simone Pellegrino , Achille Vernizzi

We develop a unified nonparametric framework for sharp partial identification and inference on inequality indices when the data contain coarsened observations of the variable of interest. We characterize the extremal allocations for all…

Econometrics · Economics 2026-03-18 James Banks , Thomas Glinnan , Tatiana Komarova

This paper proposes the k-generalized distribution as a model for describing the distribution and dispersion of income within a population. Formulas for the shape, moments and standard tools for inequality measurement - such as the Lorenz…

General Finance · Quantitative Finance 2009-01-31 F. Clementi , T. Di Matteo , M. Gallegati , G. Kaniadakis

The most frequently used indicators for the productivity and impact of scientists are the total number of publication ($N_{pub}$), total number of citations ($N_{cit}$) and the Hirsch (h) index. Since the seminal paper of Hirsch, in 2005,…

Digital Libraries · Computer Science 2023-04-26 Tamás Biró , András Telcs , Mété Józsa , Zoltán Néda

This paper deals with fairness in stable marriage problems. The idea studied here is to achieve fairness thanks to a Generalized Gini Index (GGI), a well-known criterion in inequality measurement, that includes both the egalitarian and…

Computational Complexity · Computer Science 2018-09-25 Hugo Gilbert , Olivier Spanjaard

We study the effect of the social stratification on the wealth distribution on a system of interacting economic agents that are constrained to interact only within their own economic class. The economical mobility of the agents is related…

Physics and Society · Physics 2009-11-11 M. F. Laguna , S. Risau Gusman , J. R. Iglesias

The underlying idea behind the construction of indices of economic inequality is based on measuring deviations of various portions of low incomes from certain references or benchmarks, that could be point measures like population mean or…

Methodology · Statistics 2015-08-04 Francesca Greselin , Ricardas Zitikis