Abstract
The main purpose of this paper is to prove that smoothness is not a restrictive assumption in inequality measurement as any inequality measure (preorder) can be approximated in a well defined sense by a smooth inequality measure (preorder).
Original language | English |
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Pages (from-to) | 405-415 |
Number of pages | 11 |
Journal | Journal of Mathematical Economics |
Volume | 46 |
Issue number | 4 |
DOIs | |
Publication status | Published - Jul 2010 |
Externally published | Yes |
Keywords
- Approximation
- Inequality measurement
- Schur-convexity