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dc.contributor.authorKoshevoy, Gleben
dc.contributor.authorMosler, Karlen
dc.date.accessioned2011-06-14T15:32:22Z-
dc.date.available2011-06-14T15:32:22Z-
dc.date.issued1999-
dc.identifier.urihttp://hdl.handle.net/10419/45801-
dc.description.abstractThe paper presents an approach to the measurement of economic disparity in several commodities. We introduce a special view on the usual Lorenz curve and extend this view to the multivariate situation: Given a vector of shares of the total endowments in each commodity, the multivariate inverse Lorenz function (ILF) indicates the maximum percentage of the population by which these shares or less are held. Its graph is the Lorenz hypersurface. Many properties of the ILF are studied and the equivalence of the pointwise ordering of ILFs and the price Lorenz order is established. We also study similar notions for distributions of absolute endowments. Finally, several disparity indices are suggested that are consistent with these orderings.en
dc.language.isoengen
dc.publisher|aUniversity of Cologne, Seminar of Economic and Social Statistics |cCologneen
dc.relation.ispartofseries|aDiscussion Papers in Statistics and Econometrics |x3/99en
dc.subject.ddc330en
dc.subject.keywordMultivariate Lorenz orderen
dc.subject.keyworddirectional majorizationen
dc.subject.keywordprice Lorenz orderen
dc.subject.keywordgeneralized Lorenz functionen
dc.subject.keywordmultivariate disparity indicesen
dc.titlePrice majorization and the inverse Lorenz function-
dc.typeWorking Paperen
dc.identifier.ppn661919838en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:ucdpse:399en

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