Penalty-Based and Other Representations of Economic Inequality

Gleb Beliakov , Marek Gągolewski , Simon James

Abstract

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.

Author Gleb Beliakov - [Deakin University]
Gleb Beliakov,,
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, Marek Gągolewski (FMIS / DIE)
Marek Gągolewski,,
- Department of Integral Equations
, Simon James - [Deakin University]
Simon James,,
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Journal seriesInternational Journal of Uncertainty Fuzziness and Knowledge-Based Systems, ISSN 0218-4885
Issue year2016
Vol24
Pages1-23
ASJC Classification1702 Artificial Intelligence; 1710 Information Systems; 2207 Control and Systems Engineering; 1712 Software
DOIDOI:10.1142/S0218488516400018
Languageen angielski
Score (nominal)25
Score sourcejournalList
ScoreMinisterial score = 20.0, 26-01-2020, ArticleFromJournal
Ministerial score (2013-2016) = 25.0, 26-01-2020, ArticleFromJournal
Publication indicators Scopus Citations = 4; WoS Citations = 2; Scopus SNIP (Source Normalised Impact per Paper): 2016 = 0.76; WoS Impact Factor: 2016 = 1.214 (2) - 2016=1.232 (5)
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* presented citation count is obtained through Internet information analysis and it is close to the number calculated by the Publish or Perish system.
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