An Axiomatic Characterization of the Theil Inequality Ordering

28 Pages Posted: 19 Aug 2012

See all articles by Casilda Lasso de la Vega

Casilda Lasso de la Vega

University of the Basque Country - Department of Applied Economics IV

Ana Urrutia

University of the Basque Country

Oscar Volij

Ben-Gurion University of the Negev - Department of Economics

Date Written: August 18, 2012

Abstract

We identify an ordinal decomposability property and use it, along with other ordinal axioms, to characterize the Theil inequality ordering.

Keywords: Income inequality, Theil index

JEL Classification: D63

Suggested Citation

Lasso de la Vega, Casilda and Urrutia, Ana and Volij, Oscar, An Axiomatic Characterization of the Theil Inequality Ordering (August 18, 2012). Available at SSRN: https://ssrn.com/abstract=2131838 or http://dx.doi.org/10.2139/ssrn.2131838

Casilda Lasso de la Vega

University of the Basque Country - Department of Applied Economics IV ( email )

Barrio Sarriena s/n
Leioa, Bizkaia 48940
Spain

Ana Urrutia

University of the Basque Country ( email )

Barrio Sarriena s/n
Leioa, Bizkaia 48940
Spain

Oscar Volij (Contact Author)

Ben-Gurion University of the Negev - Department of Economics ( email )

Beer-Sheva 84105
Israel

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