Entropy (Basel, Switzerland)
Trade-Off Between Entropy and Gini Index in Income Distribution.
Demetris Koutsoyiannis, G-Fivos Sargentis
Published: 202510.3390/e28010035
Abstract
We investigate the fundamental trade-off between entropy and the Gini index within income distributions, employing a stochastic framework to expose deficiencies in conventional inequality metrics. Anchored in the principle of maximum entropy (ME), we…
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