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Author: Satya R. Chakravarty
Publisher: Springer Science & Business Media
ISBN: 364275502X
Category : Business & Economics
Languages : en
Pages : 321
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Book Description
In this book we are concerned with income profile based ethical social index numbers. An ethical index is designed from an explicit social evaluation function with a specific purpose in mind. For example, an ethical relative inequality index determines the fraction of total income that could be saved without any welfare loss if society distri buted incomes equally. Ethical indices contrast with descriptive indices which are de rived without using any concept of social welfare. Needless to say, ethical indices are not meant to supplant descriptive indices, rather they are constructed with different aims. We begin Chapter 1 with a formal discussion on the concept of a social evaluation function. In the main body of this chapter we consider the problem of ranking income profiles using a social evaluation function. In Chapter 2 we set about analyzing alter native approaches to the measurement of inequality. In Chapter 3 we focus our attention on the Gini index, the most frequently used index of inequality, and its extensions. In Chapter 4 we formulate the notion of an ethical distance function that measures welfare of one population relative to another. Chapter 5 is devoted to quantifications and discussions of alternative definitions of relative deprivation put forward by Runci man(1966).
Author: Satya R. Chakravarty
Publisher: Springer Science & Business Media
ISBN: 364275502X
Category : Business & Economics
Languages : en
Pages : 321
Get Book
Book Description
In this book we are concerned with income profile based ethical social index numbers. An ethical index is designed from an explicit social evaluation function with a specific purpose in mind. For example, an ethical relative inequality index determines the fraction of total income that could be saved without any welfare loss if society distri buted incomes equally. Ethical indices contrast with descriptive indices which are de rived without using any concept of social welfare. Needless to say, ethical indices are not meant to supplant descriptive indices, rather they are constructed with different aims. We begin Chapter 1 with a formal discussion on the concept of a social evaluation function. In the main body of this chapter we consider the problem of ranking income profiles using a social evaluation function. In Chapter 2 we set about analyzing alter native approaches to the measurement of inequality. In Chapter 3 we focus our attention on the Gini index, the most frequently used index of inequality, and its extensions. In Chapter 4 we formulate the notion of an ethical distance function that measures welfare of one population relative to another. Chapter 5 is devoted to quantifications and discussions of alternative definitions of relative deprivation put forward by Runci man(1966).
Author: Anthony Barnes Atkinson
Publisher: Elsevier
ISBN: 9780444816313
Category : Economics
Languages : en
Pages : 980
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Book Description
Author: Charles Blackorby
Publisher: Cambridge University Press
ISBN: 9780521825511
Category : Business & Economics
Languages : en
Pages : 392
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Book Description
This book explores how different ideas of the common good may be compared, contrasted and ranked.
Author: Kenneth Joseph Arrow
Publisher: Gulf Professional Publishing
ISBN: 9780444829146
Category : Social choice
Languages : en
Pages : 686
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Book Description
The Handbook of Social Choice and Welfare presents, in two volumes, essays on past and on-going work in social choice theory and welfare economics. The first volume consists of four parts. In Part 1 (Arrovian Impossibility Theorems), various aspects of Arrovian general impossibility theorems, illustrated by the simple majority cycle first identified by Condorcet, are expounded and evaluated. It also provides a critical survey of the work on different escape routes from impossibility results of this kind. In Part 2 (Voting Schemes and Mechanisms), the operation and performance of voting schemes and cost-sharing mechanisms are examined axiomatically, and some aspects of the modern theory of incentives and mechanism design are expounded and surveyed. In Part 3 (structure of social choice rules), the positional rules of collective decision-making (the origin of which can be traced back to a seminal proposal by Borda), the game-theoretic aspects of voting in committees, and the implications of making use of interpersonal comparisons of welfare (with or without cardinal measurability) are expounded, and the status of utilitarianism as a theory of justice is critically examined. It also provides an analytical survey of the foundations of measurement of inequality and poverty. In order to place these broad issues (as well as further issues to be discussed in the second volume of the Handbook) in perspective, Kotaro Suzumura has written an extensive introduction, discussing the historical background of social choice theory, the vistas opened by Arrow's Social Choice and Individual Values, the famous "socialist planning" controversy, and the theoretical and practical significance of social choice theory. The primary purpose of this Handbook is to provide an accessible introduction to the current state of the art in social choice theory and welfare economics. The expounded theory has a strong and constructive message for pursuing human well-being and facilitating collective decision-making. *Advances economists' understanding of recent advances in social choice and welfare *Distills and applies research to a wide range of social issues *Provides analytical material for evaluating new scholarship *Offers consolidated reviews and analyses of scholarship in a framework that encourages synthesis--
Author: Satya R. Chakravarty
Publisher: Springer Nature
ISBN: 9811334323
Category : Business & Economics
Languages : en
Pages : 259
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Book Description
This book honors the memory of Tony Atkinson, who made significant contributions to the rigorous study of income inequality, poverty, and redistribution. These essays presented, covering a span of over 30 years of research and scholarship, have been at the forefront of distributional analysis, and many of them are of prime importance for contemporary developments in the real-valued measurement of poverty and inequality, with particular reference to the concepts of fuzzy poverty assessment, vulnerability, heterogeneity/multidimensionality, unit consistency, sub-group decomposability, and dominance criteria. While all of these articles have been previously published—singly or with co-authorship—in a number of professional journals or distinguished edited volumes, this book is greatly enriched by a substantial introductions by the authors, which place the contributions in context, highlights their inter-connectedness, and relates them to the work of Tony Atkinson and other scholars. This book is of intrinsic value to welfare analysts, as well as being a tribute to a very great scholar by a fellow economist.
Author: Valerie Berenger
Publisher: Springer Science & Business Media
ISBN: 1461452635
Category : Political Science
Languages : en
Pages : 334
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Book Description
The events taking place in several of South Mediterranean countries since December 2010 show that multiple deprivations may be powerful drivers of political instability. Though improvements of the living conditions have been regularly principal demands along with civil and political liberties in the demonstrations, one of the main striking facts about this so-called “Arab Spring” is that poverty had not been given the same emphasis in southern Mediterranean countries during the last decades as in other areas of the developing and emerging world. Although the growing recognition that poverty is a multidimensional concept, studies of poverty in South Mediterranean countries have often been dominated by a monetary approach. However, there is a growing evidence that it is suitable to go beyond the money-metric measures of poverty and to supplement its results with other approaches that adopt a broader definition of well- being. Though poverty is only one of many causes of this “Arab Spring,” we argue that it is a key feature to understand these historic events and that it is necessary to draw a detailed picture of poverty and social exclusion for each one of these countries. Moreover, if the Union for the Mediterranean succeeds in fostering economic cooperation within the Mediterranean area, the focus on the population’s well-being of its southern members will deserve scrutiny in the next few years to understand the forces that will drive the Euro-Mediterranean relationships, in particular for migration issues. This book brings together recent advances on the measurement of poverty with empirical applications on South-Mediterranean countries. It introduces new tools for analyzing poverty and shows that the linkages between income and well-being are not straightforward and hinge on many determinants. It shows that the efficiency of poverty reducing policies should also be assessed on the basis of the satisfaction of non-income needs like health, education or participation in social life.
Author: Pierre Massotte
Publisher: John Wiley & Sons
ISBN: 1786301962
Category : Business & Economics
Languages : en
Pages : 340
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Book Description
This book, the first of two volumes dedicated to ethics in social networking and business, presents the notions, theories and practical aspects related to ethics, morale and deontology in our society. Through a series of discussions and examples on topics ranging from complexity to evolution theories, the author provides an insight into why business ethics is essential for managing risks and uncertainties. The Ethics in Social Networking and Business series is the result of a cross-integration of real experiences (from IBM, society and the Rotary Club), transdisciplinary works in decision making, and advances at the boundaries of several scientific fields.
Author: Conchita D’Ambrosio
Publisher: Edward Elgar Publishing
ISBN: 1781953716
Category :
Languages : en
Pages : 608
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Book Description
The past decade has been characterized by a burgeoning interest in new concepts of individual and social well-being. The impetus for this new research has stemmed from increased demand from policy makers and civil society for measures of progress that go beyond the traditional measures of GDP, as well as improved datasets allowing individuals and households to be tracked over their life course. The aim of this Handbook is to chart these developments and provide extensive surveys of many of the recent themes that have emerged in the research literature. Some of the topics addressed include poverty. relative deprivation and satisfaction, economic insecurity, social exclusion and inequality, income and social polarization, and social fractionalization and diversity. Each topic is first analyzed from a theoretical perspective, followed by detailed empirical discussion.
Author: Robert Victor Horn
Publisher: Cambridge University Press
ISBN: 9780521413336
Category : Biography & Autobiography
Languages : en
Pages : 244
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Book Description
This guide explains what statistical indicators are, how they are developed and are to be interpreted to demystify the scientific or pseudo-scientific aura that surrounds them, and shows how they can be usefully applied for practical purposes.
Author: Jacques Silber
Publisher: Springer Science & Business Media
ISBN: 9401144133
Category : Business & Economics
Languages : en
Pages : 669
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Book Description
Amartya Sen "Equality," I spoke the word As if a wedding vow Ah, but I was so much older then, I am younger than that now. Thus sang Bob Dylan in 1964. Approbation of equality varies not only with our age (though it is not absolutely clear in which direction the values may shift over one's life time), but also with the spirit of the times. The 1960s were good years for singing in praise of equality. The spirit of the present times would probably be better reflected by melodies in admiration of the Federal Reserve System. And yet the technical literature on the evaluation and measurement of economic inequality has grown remarkably over the last three decades. Even as actual economic policies (especially in North America and Europe) have tended to move towards focusing on virtues other than the avoidance of economic inequality, the professional literature on assessing and gauging economic inequality has taken quite a jump forward. A great many different problems have been addressed and effectively sorted out, and new problems continue to be posed and analyzed. The Contents: A Review Jacques Silber has done a great service to the subject by producing this collection of admirablyhelpful and illuminating papers on different aspects of the measurement of income inequality. The reach of this collection is quite remarkable. Along with a thorough overview from the editor himself, the major areas in this complex field have been carefully examined and accessibly discussed.
