Theil entropy index

GPTKB entity

Statements (18)
Predicate Object
gptkbp:instanceOf statistical analysis
inequality index
gptkbp:alternativeTo Gini coefficient
gptkbp:category income distribution
gptkbp:decomposable yes
gptkbp:form T = (1/N) Σ (yi/ȳ) ln(yi/ȳ)
gptkbp:higher_value_means greater inequality
https://www.w3.org/2000/01/rdf-schema#label Theil entropy index
gptkbp:namedAfter gptkb:Henri_Theil
gptkbp:publishedIn Henri Theil's works (1967)
gptkbp:range 0 to ln(N)
gptkbp:relatedTo gptkb:information_theory
gptkbp:usedFor measuring economic inequality
gptkbp:usedIn economics
statistics
gptkbp:value_0_means perfect equality
gptkbp:bfsParent gptkb:Theil_index
gptkbp:bfsLayer 7