2022
DOI: 10.3390/e24030407
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f-Gintropy: An Entropic Distance Ranking Based on the Gini Index

Abstract: We consider an entropic distance analog quantity based on the density of the Gini index in the Lorenz map, i.e., gintropy. Such a quantity might be used for pairwise mapping and ranking between various countries and regions based on income and wealth inequality. Its generalization to f-gintropy, using a function of the income or wealth value, distinguishes between regional inequalities more sensitively than the original construction.

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Cited by 3 publications
(2 citation statements)
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“…The key in the algorithm is to determine the nodes of the decision tree according to the Gini coefficients [14], which can be defined as:…”
Section: Fig 3 Flow Chart Of Random Forest Algorithmmentioning
confidence: 99%
“…The key in the algorithm is to determine the nodes of the decision tree according to the Gini coefficients [14], which can be defined as:…”
Section: Fig 3 Flow Chart Of Random Forest Algorithmmentioning
confidence: 99%
“…Biró et al [ 10 ] introduce the interesting notion of f-gintropy in the realm of econophysics studies. The authors propose using the density of the Gini index on a Lorenz curve, the so-called gintropy, in a more general setting, when the standard income value is replaced by a monotonic function.…”
mentioning
confidence: 99%