{"product_id":"the-κ-statistics-approach-to-income-distribution-analysis-paperback-softback-9781009446358","title":"The κ-Statistics Approach to Income Distribution Analysis (Paperback \/ softback) 9781009446358","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eThe κ-Statistics Approach to Income Distribution Analysis\u003c\/font\u003e\u003cbr\u003e\r\n\r\n\r\n\u003c\/p\u003e\n\u003cp\u003e\u003cem\u003eThis Element uniquely consolidates scientific findings on the κ-generalized distribution and recent advancements in accurate income inequality estimation.\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eFabio Clementi (Author), Mauro Gallegati (Author), Lisa Gianmoena (Author), Giorgio Kaniadakis (Author), Simone Landini (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9781009446358, Cambridge University Press\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003ePaperback \/ softback, published 8 May 2025\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e70 pages\u003cbr\u003e22.8 x 15.2 x 0.4 cm, 0.12 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eThis Element presents the κ-generalized distribution, a statistical model tailored for the analysis of income distribution. Developed over years of collaborative, multidisciplinary research, it clarifies the statistical properties of the model, assesses its empirical validity and compares its effectiveness with other parametric models. It also presents formulas for calculating inequality indices within the κ-generalized framework, including the widely used Gini coefficient and the relatively lesser-known Zanardi index of Lorenz curve asymmetry. Through empirical illustrations, the Element criticizes the conventional application of the Gini index, pointing out its inadequacy in capturing the full spectrum of inequality characteristics. Instead, it advocates the adoption of the Zanardi index, accentuating its ability to capture the inherent heterogeneity and asymmetry in income distributions.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e1. Introduction\u003cbr\u003e 2. New Insights on the Measurement of Inequality\u003cbr\u003e 3. The κ-Generalized Distribution\u003cbr\u003e 4. Modeling Income Data Using the κ-Generalized Distribution\u003cbr\u003e 5. Conclusion\u003cbr\u003e References.\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Physics [\u003ca title=\"See our other books on Physics\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Physics%20%5BPH%5D%22\"\u003ePH\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Cambridge University Press","offers":[{"title":"Brand New","offer_id":52414013866264,"sku":"9781009446358","price":16.69,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9781009446358i.jpg?v=1784335854","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/the-%ce%ba-statistics-approach-to-income-distribution-analysis-paperback-softback-9781009446358","provider":"Freshly Printed Books","version":"1.0","type":"link"}