Penalty-Based and Other Representations of Economic Inequality
Gleb Beliakov , Marek Gągolewski , Simon James
Economic inequality measures are employed as a key component in various socio-demographic indices to capture the disparity between the wealthy and poor. Since their inception, they have also been used as a basis for modelling spread and disparity in other contexts. While recent research has identified that a number of classical inequality and welfare functions can be considered in the framework of OWA operators, here we propose a framework of penalty-based aggregation functions and their associated penalties as measures of inequality.
|Journal series||International Journal of Uncertainty Fuzziness and Knowledge-Based Systems, ISSN 0218-4885|
|ASJC Classification||; ; ;|
|Score|| = 20.0, 26-01-2020, ArticleFromJournal|
= 25.0, 26-01-2020, ArticleFromJournal
|Publication indicators||= 4; = 2; : 2016 = 0.76; : 2016 = 1.214 (2) - 2016=1.232 (5)|
* presented citation count is obtained through Internet information analysis and it is close to the number calculated by the Publish or Perish system.