f-Gintropy: An Entropic Distance Ranking Based on the Gini Index

Entropy (Basel). 2022 Mar 14;24(3):407. doi: 10.3390/e24030407.

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.

Keywords: Gini index; entropy; gintropy.