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  • © 2019

Poverty, Social Exclusion and Stochastic Dominance

  • Discusses Atkinson’s work, highlighting the concepts of equally distributed equivalent income, the constant-elasticity-of-marginal-utility social welfare function, the multidimensionality of welfare, and poverty and inequality measures
  • Addresses issues relating to poverty, social exclusion, and stochastic dominance
  • Analyzes multidimensional poverty orderings by explicitly establishing their dependence on the inter-dimensional association

Part of the book series: Themes in Economics (THIE)

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Table of contents (14 chapters)

  1. Front Matter

    Pages i-vii
  2. Introduction

    • Satya R. Chakravarty
    Pages 1-11
  3. Ethically Flexible Measures of Poverty

    • Satya R. Chakravarty
    Pages 13-26
  4. A New Index of Poverty

    • Satya R. Chakravarty
    Pages 31-37
  5. Reference Groups and the Poverty Line: An Axiomatic Approach with an Empirical Illustration

    • Satya R. Chakravarty, Nachiketa Chattopadhyay, Joseph Deutsh, Zoya Nissanov, Jacques Silber
    Pages 39-61
  6. Poverty and Time

    • Walter Bossert, Satya R. Chakravarty, Conchita D’Ambrosio
    Pages 63-82
  7. The Measurement of Multidimensional Poverty

    • François Bourguignon, Satya R. Chakravarty
    Pages 83-107
  8. A Family of Unit Consistent Multidimensional Poverty Indices

    • Satya R. Chakravarty, Conchita D’Ambrosio
    Pages 109-122
  9. Multidimensional Poverty Orderings: Theory and Applications

    • François Bourguignon, Satya R. Chakravarty
    Pages 143-166
  10. The Measurement of Social Exclusion

    • Satya R. Chakravarty, Conchita D’Ambrosio
    Pages 167-189
  11. Multidimensional Poverty and Material Deprivation with Discrete Data

    • Walter Bossert, Satya R. Chakravarty, Conchita D’Ambrosio
    Pages 191-209
  12. Stochastic Dominance Relations for Integer Variables

    • Satya R. Chakravarty, Claudio Zoli
    Pages 211-222
  13. Multidimensional Indicators of Inequality and Poverty

    • Satya R. Chakravarty, Maria Ana Lugo
    Pages 223-259

About this book

This book honors the memory of Tony Atkinson, who made significant contributions to the rigorous study of income inequality, poverty, and redistribution. These essays presented, covering a span of over 30 years of research and scholarship, have been at the forefront of distributional analysis, and many of them are of prime importance for contemporary developments in the real-valued measurement of poverty and inequality, with particular reference to the concepts of fuzzy poverty assessment, vulnerability, heterogeneity/multidimensionality, unit consistency, sub-group decomposability, and dominance criteria. While all of these articles have been previously published—singly or with co-authorship—in a number of professional journals or distinguished edited volumes, this book is greatly enriched by a substantial introductions by the authors, which place the contributions in context, highlights their inter-connectedness, and relates them to the work of Tony Atkinson and other scholars. This book is of intrinsic value to welfare analysts, as well as being a tribute to a very great scholar by a fellow economist.

Editors and Affiliations

  • Economic Research Unit, Indian Statistical Institute, Kolkata, India

    Satya R. Chakravarty

About the editor

Satya R. Chakravarty is a Professor of Economics at the Indian Statistical Institute, Kolkata, India. He has served as a Visiting Professor at the University of British Columbia, Vancouver, Canada; University of Karlsruhe, Germany;  Paris School of Economics, Paris, France; Bocconi University, Milan, Italy;  Yokohama National University, Yokohama, Japan;  Kagawa University, Takamatsu, Japan; Bar-Ilan University, Israel, Chinese University of Hong Kong  and University of International Business and Economics, Beijing, China. His areas of research interest are welfare issues, cooperative game theory, industrial organization, and mathematical finance. He has publications in leading Theoretical and Applied journals such as Journal of Economic Theory, Games and Economic Behavior, Econometrica, Economic Theory, Journal of Development Economics, Social Choice and Welfare, International Economic Review, Canadian Journal of Economics, Mathematical Social Sciences, Theory and Decision, Economics Letters, European Journal of Operational Research, Journal of Economic Inequality, Health Economics, and Review of Income and Wealth as well as in books by leading publishers. He has published books with several leading publishers in varied areas encompassing Welfare issues, Game Theory, Industrial Organization, Mathematical Finance and Microeconomics. He currently serves on editorial boards of Social Choice and Welfare , Journal of Economic Inequality and Review of Income and Wealth.  He worked as a consultant to the Asian Development Bank;  as an advisor to the National Council of Social Policy Evaluation, Mexico;  and  has been associated in various capacities with the World Bank, the UN Environment Program and the UNDP. He was awarded the Mahalanobis memorial prize by the Indian Econometric Society in 1994 and is a fellow of the Human Development and Capability Association.

Bibliographic Information

Buy it now

Buying options

eBook USD 84.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access