This brief note aims to communicate, in simple terms, the ‘meaning’ of the family of ‘Extended’ Gini coefficients of inequality, in terms of the shares accruing to the agents in an elementary two-person cake-sharing problem. In the process, a natural notion of the ‘potential fairness’ of a distribution, as well as the notion of ‘distribution-sensitivity’, are sought to be explicated in easily accessible terms.
Inequality aversion and the extended Gini in the light of a two-person cake-sharing problem
TIBILETTI, Luisa;
2015-01-01
Abstract
This brief note aims to communicate, in simple terms, the ‘meaning’ of the family of ‘Extended’ Gini coefficients of inequality, in terms of the shares accruing to the agents in an elementary two-person cake-sharing problem. In the process, a natural notion of the ‘potential fairness’ of a distribution, as well as the notion of ‘distribution-sensitivity’, are sought to be explicated in easily accessible terms.
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