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Related papers: A simple method for measuring inequality

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Social inequalities are ubiquitous and evolve towards a universal limit. Herein, we extensively review the values of inequality measures, namely the Gini ($g$) index and the Kolkata ($k$) index, two standard measures of inequality used in…

Physics and Society · Physics 2023-05-03 Suchismita Banerjee , Soumyajyoti Biswas , Bikas K. Chakrabarti , Asim Ghosh , Manipushpak Mitra

The aim of this paper is to establish the asymptotic behavior of the mutual influence of the Gini index and the poverty measures by using the Gaussian fields described in Mergane and Lo(2013). The results are given as representation…

Methodology · Statistics 2017-05-29 Gane Samb Lo , Pape Djiby Mergane , Tchilabalo Abozou Kpanzou

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

Composite indices like the Gender Equality Index (GEI) are widely used to monitor gender disparities and guide evidence-based policy. However, their original design is often limited when applied to subnational contexts. Building on the GEI…

Applications · Statistics 2026-01-21 Lorenzo Panebianco

Social media content shared today in cities, such as Instagram images, their tags and descriptions, is the key form of contemporary city life. It tells people where activities and locations that interest them are and it allows them to share…

Social and Information Networks · Computer Science 2016-09-13 Agustin Indaco , Lev Manovich

The quantile ratio index introduced by Prendergast and Staudte 2017 is a simple and effective measure of relative inequality for income data that is resistant to outliers. It measures the average relative distance of a randomly chosen…

Methodology · Statistics 2018-01-01 Luke A. Prendergast , Robert G. Staudte

Entropy is being used in physics, mathematics, informatics and in related areas to describe equilibration, dissipation, maximal probability states and optimal compression of information. The Gini index on the other hand is an established…

Physics and Society · Physics 2023-07-19 Tamás S. Biró , Zoltán Néda

In this study, we extend the research on the dynamic poverty indexes, namely the dynamic Headcount ratio, the dynamic income-gap ratio, the dynamic Gini and the dynamic Sen, proposed in D'Amico and Regnault (2018). The contribution is…

Econometrics · Economics 2020-06-12 Guglielmo D'Amico , Riccardo De Blasis , Philippe Regnault

Income inequality and redistribution policies are modeled with a minimal, endogenous model of a simple foraging economy. Significant income inequalities emerge from the model for populations of equally capable individuals presented with…

Physics and Society · Physics 2024-11-21 John C. Stevenson

Inequality measures are quantitative measures that take values in the unit interval, with a zero value characterizing perfect equality. Although originally proposed to measure economic inequalities, they can be applied to several other…

Physics and Society · Physics 2024-01-26 Paolo Giudici , Emanuela Raffinetti , Giuseppe Toscani

The classical Lorenz curve is often used to depict inequality in a population of incomes, and the associated Gini coefficient is relied upon to make comparisons between different countries and other groups. The sample estimates of these…

Statistics Theory · Mathematics 2017-02-01 Luke A. Prendergast , Robert G. Staudte

Analyzing a large data set of publications drawn from the most competitive journals in the natural and social sciences we show that research careers exhibit the broad distributions of individual achievement characteristic of systems in…

Physics and Society · Physics 2014-11-24 Alexander M. Petersen , Orion Penner

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

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

This paper aims to review the different impacts of income inequality drivers on the Gini coefficient, depending on institutional specificities. In this context, we divided the European Union member states in two clusters (the cluster of…

To gain insights into the problem of regional inequality, we proposed new regional asset exchange models based on existing kinetic income-exchange models in economic physics. We did this by setting the spatial exchange range and adding bias…

Physics and Society · Physics 2020-07-27 Takeshi Kato , Yasuyuki Kudo , Hiroyuki Mizuno , Yoshinori Hiroi

Surprisingly, there has been little research conducted about the cross-country relationship between oil dependence/abundance and income inequality. At the same time, there is some tentative evidence suggesting that oil rich nations tend to…

General Economics · Economics 2024-01-09 Osiris Jorge Parcero , Elissaios Papyrakis

This paper discusses region wealth size distributions, through their member cities aggregated tax income. As an illustration, the official data of the Italian Ministry of Economics and Finance has been considered, for all Italian…

Economics · Quantitative Finance 2015-10-06 Roy Cerqueti , Marcel Ausloos

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

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