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Lucio Bertoli-Barsotti

Publications and source records attributed to Lucio Bertoli-Barsotti.

3 recordsLinked to original sources

Equivalence of inequality indices in the three-dimensional model of informetric impact

Inequality is an inherent part of our lives: we see it in the distribution of incomes, talents, citations, to name a few. However, its intensity varies across environments: there are systems where the available resources are relatively evenly distributed but also where a small group of items or agents controls the majority of assets. Numerous indices for quantifying the degree of inequality have been proposed but in general, they work quite differently. We recently observed (Siudem et al., 2020) that many rank-size distributions might be approximated by a time-dependent agent-based model involving a mixture of preferential (rich-get-richer) and accidental (sheer chance) attachment. In this paper, we point out its relationship to an iterative process that generates rank distributions of any length and a predefined level of inequality, as measured by the Gini index. We prove that, under our model, the Gini, Bonferroni, De Vergottini, and Hoover indices are equivalent for samples of similar sizes. Given one of them, we can recreate the value of another measure. Thanks to the obtained formulae, we can also understand how they depend on the sample size. An empirical analysis of a large database of citation records in economics (RePEc) yields a good match with our theoretical derivations.

physics.soc-ph

Gini-stable Lorenz curves and their relation to the generalised Pareto distribution

We introduce an iterative discrete information production process where we can extend ordered normalised vectors by new elements based on a simple affine transformation, while preserving the predefined level of inequality, G, as measured by the Gini index. Then, we derive the family of empirical Lorenz curves of the corresponding vectors and prove that it is stochastically ordered with respect to both the sample size and G which plays the role of the uncertainty parameter. We prove that asymptotically, we obtain all, and only, Lorenz curves generated by a new, intuitive parametrisation of the finite-mean Pickands' Generalised Pareto Distribution (GPD) that unifies three other families, namely: the Pareto Type II, exponential, and scaled beta distributions. The family is not only totally ordered with respect to the parameter G, but also, thanks to our derivations, has a nice underlying interpretation. Our result may thus shed a new light on the genesis of this family of distributions. Our model fits bibliometric, informetric, socioeconomic, and environmental data reasonably well. It is quite user-friendly for it only depends on the sample size and its Gini index.

physics.soc-ph

Distorted stochastic dominance: a generalized family of stochastic orders

We study a generalized family of stochastic orders, semiparametrized by a distortion function H, namely H-distorted stochastic dominance, which may determine a continuum of dominance relations from the first- to the second-order stochastic dominance (and beyond). Such a family is especially suitable for representing a decision maker's preferences in terms of risk aversion and may be used in those situations in which a strong order does not have enough discriminative power, whilst a weaker one is poorly representative of some classes of decision makers. In particular, we focus on the class of power distortion functions, yielding power-distorted stochastic dominance, which seems to be particularly appealing owing to its computational simplicity and some interesting statistical interpretations. Finally, we characterize distorted stochastic dominance in terms of distortion functions yielding isotonic classes of distorted expectations.

math.ST