@article{Stark:263992, recid = {263992}, author = {Stark, Oded and Bielawski, Jakub and Falniowski, Fryderyk}, title = {A class of proximity-sensitive measures of relative deprivation}, address = {2017-09-26}, number = {1546-2017-5071}, series = {ISSN: 1436-9931}, pages = {16}, year = {2017}, abstract = {We introduce a new class of generalized measures of relative deprivation. The class takes the form of a power mean of order p . A characteristic of the class is that depending on the value of the proximity-sensitive parameter p , the class is capable of accommodating both a decreasing weight (the case of p >1), and an increasing weight (the case of p~(0,1) ) accorded to given changes in the incomes of the individuals who are wealthier than the reference individual, depending on their proximity in the income distribution to the reference individual.}, url = {http://ageconsearch.umn.edu/record/263992}, doi = {https://doi.org/10.22004/ag.econ.263992}, }