Affiliations: Department of Statistics, Panjab University, Chandigarh-160014, India
Corresponding author: Dr. Sangeeta Arora, Department of Statistics, Panjab University, Chandigarh-160014. Tel.: +91 172 2691518; +91 981 4123131; E-mail: [email protected]; [email protected]
Abstract: The concept of Cumulated Mean Income Curve (COMIC) is introduced which can play an important role for measuring inequality. Its properties are studied along with its relation with some known inequality curves. COMIC Index and COMIC orderings are defined. The use of Rawlsian approach in COMICs has been studied.
Keywords: Cumulated mean income curve, COMIC index, inequality, COMIC ordering, rawlsian approach