Article ID Journal Published Year Pages File Type
973461 Mathematical Social Sciences 2006 16 Pages PDF
Abstract

It is well known that if income distribution y is majorized by income distribution x, then y can be reached from x by a succession of well-defined transfers from the rich to the poor. It is of interest to characterize special cases of such systems of transfers that are “simple” either in terms of number of transfers or of total amount transferred. Two such characterizations can be found in the economic literature. This paper provides a number of extensions and generalizations.

Related Topics
Physical Sciences and Engineering Mathematics Applied Mathematics
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