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UPPER BOUNDEDNESS FOR THE MEASUREMENT OF RELATIVE DEPRIVATION

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A new index of relative deprivation is derived axiomatically. Thanks to an asymptotically concave individual contribution function, the new measure provides a sounder quantification to the concept of relative deprivation as conceptualized in the seminal work of Runciman (1966) and better reflects the sociological connotations of the phenomenon.
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Document Type: Research Article

Publication date: 01 September 2010

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