Ranking Distributions of an Ordinal Attribute
Abstract
This paper establishes foundational equivalences between alternative criteria for comparing distributions of an ordinally measurable attribute. A first criterion is associated with the possibility of going from distribution to the other by a finite sequence of two elementary operations: increments of the attribute and Hammond transfers. The later transfers are like the famous Pigou-Dalton ones, but without the requirement - that would be senseless in an ordinal setting - that the "amount" transferred from the "rich" to the "poor" is fixed. A second criterion is a new easy-to-use statistical criterion associated to a specifically weighted recursion on the cumulative density of the distribution function. A third criterion is that resulting from the comparison of numerical values assigned to distributions by a large class of additively separable social evaluation functions. Dual versions of these criteria are also considered and alternative equivalence results are established. Illustrations of the criteria are also provided.
Domains
Economics and FinanceOrigin | Files produced by the author(s) |
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