Some Applications of the Lorenz Curve in Decision Analysis

DOI10.1080/01966324.1995.10737385zbMATH Open0845.62003OpenAlexW1986811598WikidataQ58300651 ScholiaQ58300651MaRDI QIDQ4862767FDOQ4862767

Authors: Thu Pham Gia 

Publication date: 16 September 1996

Published in: American Journal of Mathematical and Management Sciences (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1080/01966324.1995.10737385

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zbMATH Keywords

beta distributionGini indexLorenz curvegraphicsexpected value of perfect informationtwo-action problemlinear loss functionincome distribution measuresmulti-action problemsPietra ratio

Mathematics Subject Classification ID

Applications of statistics to economics (62P20) Bayesian problems; characterization of Bayes procedures (62C10)

Cites Work

• Title not available (Why is that?)
• Closed form summation for classical distributions: variations on a theme of de Moivre
• Convergence theorems for empirical Lorenz curves and their inverses
• Using the mean deviation in the elicitation of the prior distribution
• A characterization of the distribution function: the dispersion function
• Reliability interpretations of some concepts from economics
• Title not available (Why is that?)
• Determination of the beta distribution from its Lorenz curve
• Fisherman's Luck

Cited In (4)

• Applying the Lorenz curve to disease risk to optimize health benefits under cost constraints
• Sample Size Determination Using Bayesian Decision Criteria Under Absolute Value Loss Function
• The mean and median absolute deviations
• The Lorenz Curve in the Classroom

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