Upper boundedness for the measurement of relative deprivation

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A new index of relative deprivation is derived axiomatically. Thanks to an asymptotically concave individual contribution function, the new measure provides a sounder quantification to the concept of relative deprivation as conceptualized in the seminal work of Runciman (1966) and better reflects the sociological connotations of the phenomenon.
Original languageEnglish
Pages (from-to)632-639
Number of pages8
JournalReview of Income and Wealth
Issue number3
Publication statusPublished - Sep 2010

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