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Inequality measures for intersecting Lorenz curves: an alternative weak ordering

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F15%3A86095465" target="_blank" >RIV/61989100:27510/15:86095465 - isvavai.cz</a>

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Inequality measures for intersecting Lorenz curves: an alternative weak ordering

  • Original language description

    The Lorenz ordering is probably the most logical tool for comparison of the dispersion of non negative random variables. Indeed, many income inequality metrics are order preserving (or isotonic) with the aforementioned preorder. However, in some situations Lorenz curves may intersect and the ordering is not fulfilled. Hence, some weaker criteria need to be to introduced: we present a new different preorder, weaker than the Lorenz ordering, and propose a possible class of functionals that preserve it. This method could be especially useful under conditions of maximum uncertainty.

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

    BB - Applied statistics, operational research

  • OECD FORD branch

Result continuities

  • Project

    Result was created during the realization of more than one project. More information in the Projects tab.

  • Continuities

    P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)<br>S - Specificky vyzkum na vysokych skolach

Others

  • Publication year

    2015

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    Financial Management of Firms and Financial Institutions : 10th international scientific conference : 7th - 8th September 2015, Ostrava, Czech Republic : proceedings. [Part I - IV]

  • ISBN

    978-80-248-3865-6

  • ISSN

    2336-162X

  • e-ISSN

  • Number of pages

    6

  • Pages from-to

    656-661

  • Publisher name

    VŠB - Technical University of Ostrava

  • Place of publication

    Ostrava

  • Event location

    Ostrava

  • Event date

    Sep 7, 2015

  • Type of event by nationality

    EUR - Evropská akce

  • UT code for WoS article