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Poverty: An Ordinal Approach to Measurement
Vol. 44, No. 2 (Mar., 1976), pp. 219-231
Published by: The Econometric Society
Stable URL: http://www.jstor.org/stable/1912718
Page Count: 13
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The primary aim of this paper is to propose a new measure of poverty, which should avoid some of the shortcomings of the measures currently in use. An axiomatic approach is used to derive the measure. The conception of welfare in the axiom set is ordinal. The information requirement for the new measure is quite limited, permitting practical use.
Econometrica © 1976 The Econometric Society