PART 1: HISTORY OF THOUGHT - Georgetown University

The Gini index is very insensitive to even large changes in the income of the richest person. Imagine doubling the income of the richest person, giving (1, 2, 2x). Show that the new Gini index is 0.66. At the other extreme, imagine doubling the income of either of the poorest two people, to … ................
................

In order to avoid copyright disputes, this page is only a partial summary.