The principle of strong diminishing transfer (Q1601450)

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scientific article; zbMATH DE number 1760693
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The principle of strong diminishing transfer
scientific article; zbMATH DE number 1760693

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    The principle of strong diminishing transfer (English)
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    26 June 2002
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    The aim of this paper is the characterization of the principles of diminishing transfer and of a dual diminishing transfer in \textit{M. E. Yaari} [Econometrica 55, 91-115 (1987; Zbl 0616.90005)] and \textit{J. Quiggin} [A theory of anticipated utility, J. Econ. Behavior Organ. 3, 323-343 (1982)] models. The principles of diminishing transfer and dual diminishing transfer. There are shown sufficient and necessary conditions for a decision maker to respect the strong principle. These results are applied to the problem of the Gini indices analyse.
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    principle of diminishing
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    Gini index
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