ML Weitzman - The Quarterly Journal of Economics, 1992 - academic.oup.com

On diversity.

diversity

Weitzman

GSID: iez6euove9IJ

Excerpt

… An oft-repeated goal in many contexts is the "preservation of diversity." But what is the diversity function to be optimized? This paper shows how a reasonable measure of the "value of diversity" of a collection of objects can be recursively generated from more fundamental …

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