Gini-Type Measures of Risk and Variability: Gini Shortfall, Capital Allocations, and Heavy-Tailed Risks
نویسندگان
چکیده
منابع مشابه
The Gini Index and Measures of Inequality
The Gini index is a summary statistic that measures how equitably a resource is distributed in a population; income is a primary example. In addition to a self-contained presentation of the Gini index, we give two equivalent ways to interpret this summary statistic: first in terms of the percentile level of the person who earns the average dollar, and second in terms of how the lower of two ran...
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In 1938, Gini [3] studied a mean having two parameters. Later, many authors studied properties of this mean. It contains as particular cases the famous means such as harmonic, geometric, arithmetic, etc. Also it contains, the power mean of order r and Lehmer mean as particular cases. In this paper we have considered inequalities arising due to Gini-Mean and Heron’s mean, and improved them based...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2016
ISSN: 1556-5068
DOI: 10.2139/ssrn.2836281