The Gini coefficient: Majority voting and social welfare

A-Tier
Journal: Journal of Economic Theory
Year: 2014
Volume: 152
Issue: C
Pages: 214-223

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Majority voting and social evaluation functions are the main alternatives proposed in the literature for aggregating individual preferences. Despite these being very different, this paper shows that the ranking of income distributions, symmetric under the same transformation, by S-Gini consistent social evaluation functions and majority voting coincide if and only if the inequality index under consideration is the Gini coefficient. In this case, we show that the equally distributed equivalent income is equal to the median of the distribution. In addition, we find that the Gini coefficient is just an affine function of the median–mean ratio.

Technical Details

RePEc Handle
repec:eee:jetheo:v:152:y:2014:i:c:p:214-223
Journal Field
Theory
Author Count
2
Added to Database
2026-01-29