A characterization of the Esteban–Ray polarization measures

Yoko Kawada, Yuta Nakamura, Keita Sunada

研究成果: Article査読

2 被引用数 (Scopus)

抄録

Esteban and Ray (1994) formalized the idea of polarization and developed a theory for its measurement. In their main theorem, they claimed that a class of polarization measures, called the Esteban–Ray measures, is characterized by a set of axioms that capture the idea of polarization. However, in this study, we show that the claim does not hold by presenting a counterexample. We amend their main theorem by strengthening the first axiom.

本文言語English
ページ(範囲)35-37
ページ数3
ジャーナルEconomics Letters
169
DOI
出版ステータスPublished - 2018 8月

ASJC Scopus subject areas

  • 財務
  • 経済学、計量経済学

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