On cumulated mean income curve

Article type: Research Article

Authors: Arora, Sangeeta^{; *} | Jain, Kanchan | Pundir, Sudesh

Affiliations: Department of Statistics, Panjab University, Chandigarh-160014, India

Correspondence: [*] Corresponding author: Dr. Sangeeta Arora, Department of Statistics, Panjab University, Chandigarh-160014. Tel.: +91 172 2691518; +91 981 4123131; E-mail: sarora_131@yahoo.com; sarora@pu.ac.in

Abstract: The concept of Cumulated Mean Income Curve (COMIC) is introduced which can play an important role for measuring inequality. Its properties are studied along with its relation with some known inequality curves. COMIC Index and COMIC orderings are defined. The use of Rawlsian approach in COMICs has been studied.

Keywords: Cumulated mean income curve, COMIC index, inequality, COMIC ordering, rawlsian approach

DOI: 10.3233/MAS-2005-1207

Journal: Model Assisted Statistics and Applications, vol. 1, no. 2, pp. 107-114, 2006