Cowell, Frank A.; Cruces, Guillermo - In: Studies on economic well-being : essays in the honor of …, (pp. 97-133). 2004
This paper analyses the principles underlying the theories of risk and inequality, and the connections between the two … risk and inequality. We examine these individual perceptions in the light of the conventional principles underlying risk … and inequality. We show that, although the principle of mean-preserving spreads and the principle of transfers are often …
