Saturday, December 04, 2021

[bhxtejtu] x and 1-x proportions

order individuals by wealth and compute the running sum: Lorenz curve.  there is a special proportion p such that the top p of the population holds 1-p of the wealth, e.g., the top 1% holds 99% of the wealth.

hypothesize that smaller p means greater inequality.  another similar measure is the Gini coefficient.

is it guaranteed that there is only one special p?

can p be read off a Lorenz curve?

what if the poorest have negative wealth?

No comments:

Post a Comment