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AN ALTERNATIVE AXIOMATIZATION OF SEN'S POVERTY MEASURE
Author(s) -
Pattanaik Prasanta K.,
Sengupta Manimay
Publication year - 1995
Publication title -
review of income and wealth
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.024
H-Index - 57
eISSN - 1475-4991
pISSN - 0034-6586
DOI - 10.1111/j.1475-4991.1995.tb00094.x
Subject(s) - axiom , measure (data warehouse) , mathematical economics , normalization (sociology) , axiom independence , mathematics , rank (graph theory) , poverty , economics , econometrics , computer science , combinatorics , sociology , geometry , database , anthropology , economic growth
We provide an alternative axiomatization of Sen's (1976) poverty measure. We derive the measure from the general definition of a poverty measure by using a version of Sen's rank order axiom, and a substantially weaker form of his normalization axiom. These two axioms, together with a continuity axiom, lead uniquely to the measure suggested by Sen (1976).