Basing on two well-known characterization results on stochastic dominance and continuous majorization relation, the ordering-preserving property-with respect to Lorenz ordering-is deduced for a wide class of families of functionals on a class of distributions. As a consequence the isotonicity ofZ Zenga concentration index is deduced as an immediate application of a characterization result, in particular of the first degree stochastic dominance relation. Moreover it is also shown that a classical inequality by Fan and Lorenz is a basic reference for the determination of a wide class of Lorenz ordering-preserving functionals. Isotonicity ofZ could also be seen as a straighforward application of Fan and Lorenz inequality.
Some remarks on the Lorenz ordering-preserving functionals
BERTOLI BARSOTTI, Lucio
2001-01-01
Abstract
Basing on two well-known characterization results on stochastic dominance and continuous majorization relation, the ordering-preserving property-with respect to Lorenz ordering-is deduced for a wide class of families of functionals on a class of distributions. As a consequence the isotonicity ofZ Zenga concentration index is deduced as an immediate application of a characterization result, in particular of the first degree stochastic dominance relation. Moreover it is also shown that a classical inequality by Fan and Lorenz is a basic reference for the determination of a wide class of Lorenz ordering-preserving functionals. Isotonicity ofZ could also be seen as a straighforward application of Fan and Lorenz inequality.Pubblicazioni consigliate
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