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- W2356202226 abstract "Based on the analysis of distribution of the social wealth,the life style,the price level,the diminishing marginal utility of the money,the criteria to assess the quality of life and the indicator structure flaw,the paper demonstrates the limitation of the Gini coefficient as an equality index.We hold this view that equality is the norm and standard that the public deem to be reasonable,fair and acceptable and that such equality results in general satisfaction and social harmony.Hence,the income-satisfaction level can be used to represent the level of the public satisfaction and to establish income satisfaction difference index that indicates social equality and harmony.Also,data from the German economic research institution is used to verify our theory." @default.
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- W2356202226 date "2007-01-01" @default.
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- W2356202226 title "Equality Index:from Gini Coefficient to Income-Satisfaction" @default.
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