Axiomatic rank-dependent means

Axiomatic rank-dependent means

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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: ,
Abstract:

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.

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