Ethical Social Index Numbers is popular PDF and ePub book, written by Satya R. Chakravarty in 2012-12-06, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Ethical Social Index Numbers can be Read Online from any device for your convenience.
Ethical Social Index Numbers Book PDF Summary
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).
Detail Book of Ethical Social Index Numbers PDF
- Author : Satya R. Chakravarty
- Release : 06 December 2012
- Publisher : Springer Science & Business Media
- ISBN : 9783642755026
- Genre : Business & Economics
- Total Page : 321 pages
- Language : English
- PDF File Size : 17,5 Mb
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