Article ID: | iaor1989282 |
Country: | Switzerland |
Volume: | 19 |
Start Page Number: | 299 |
End Page Number: | 309 |
Publication Date: | May 1989 |
Journal: | Annals of Operations Research |
Authors: | Chew S.H., Epstein L.G. |
This paper provides an axiomatization for the implicit rank-dependent mean value, which class includes a number of mean values that have appeared in statistics, in utility theory and in the theory of income inequality measurement.