Article citationsMore>>

A. F. Shorrocks, “Decomposition Procedures for Distributional Analysis: A Unified Framework Based on the Shapley Value,” University of Essex, Colchester, UK.

has been cited by the following article:

• TITLE: A Decomposition of the Atkinson Index through the Shapley Value

  AUTHORS: Joss Sánchez-Pérez

  KEYWORDS: Atkinson Index; Shapley Value; Opportunity Inequality

  JOURNAL NAME: Theoretical Economics Letters, Vol.2 No.5, December 28, 2012

  ABSTRACT: This paper studies the economic inequality as a phenomenon resulting from two variables: The variable of responsibility which depends on the agents’ performance in the economy, and the variable of opportunity which is independent of the individuals’ performance in the economy. Identifying the contribution of the inequality of opportunity in the total inequality as the problem to be measured, we propose a decomposition of the Atkinson inequality index, by using one of the central solution concepts of cooperative game theory, called the Shapley value.