Abstract
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 language | English |
|---|---|
| Pages (from-to) | 632-639 |
| Number of pages | 8 |
| Journal | Review of Income and Wealth |
| Volume | 56 |
| Issue number | 3 |
| DOIs | |
| Publication status | Published - Sept 2010 |