Götz Kluge · @floh
23 followers · 31 posts · Server zirk.us1/2
Calling #Theil's #inequality measure an "#entropy" irritated Amartya Sen. From #AmartyaSen's "#OnEconomicInequality" (#OEI) I learned a lot about #InequalityMeasures. But entropy seems not do go down too well with him (1973) and his co-author #JamesEFoster (1997): When describing the "interesting" "#TheilEntropy" (chapter 2.11), Sen sees a contradiction between entropy being a measure of "#disorder" in #thermodynamics and entropy being a measure for "#equality".
#theil #inequality #entropy #amartyasen #oneconomicinequality #OEI #inequalitymeasures #jamesefoster #theilentropy #disorder #thermodynamics #equality