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The Uniform Marriage and Divorce Act §307 (UMDA §307) [3] also allows for the equitable distribution of property and lists factors the court should consider, e.g. "the duration of the marriage, and prior marriage of either party, antenuptial agreement of the parties [which is the same as a prenuptial agreement or premarital agreement], the ...
Equitability has been mainly applied in the division of a heterogeneous continuous resource; see Equitable cake-cutting. It has also been applied in the division of homogeneous resources; see Adjusted winner procedure. Recently, it has also been studied in the context of fair item allocation. With indivisible items, an equitable allocation ...
A practical example of a Lorenz curve: the Lorenz curves of Denmark, Hungary, and Namibia. A Lorenz curve always starts at (0,0) and ends at (1,1). The Lorenz curve is not defined if the mean of the probability distribution is zero or infinite. The Lorenz curve for a probability distribution is a continuous function. However, Lorenz curves ...
Distributive justice in an environmental context is the equitable distribution of a society's technological and environmental risks, impacts, and benefits. These burdens include exposure to hazardous waste, land appropriation, armed violence, and murder.
While such ratios do not represent the overall level of inequality in the population as a whole, they provide measures of the shape of income distribution. For example, the attached graph shows that in the period 1967–2003, US income ratio between median and 10th and 20th percentile did not change significantly, while the ratio between the ...
The National Academy of Public Administration defines social equity as “The fair, just and equitable management of all institutions serving the public directly or by contract; the fair, just and equitable distribution of public services and implementation of public policy; and the commitment to promote fairness, justice, and equity in the ...
Finally, the Inheritance Law Of Islam is the distribution of the property of a deceased person from closest family members and moving towards a more distant family. Son(s), daughter(s), wife, husband and parents are the prime recipients. This distribution is explicitly illustrated in Qur’an and cannot be changed or modified.
Equity, or economic equality, is the construct, concept or idea of fairness in economics and justice in the distribution of wealth, resources, and taxation within a society. . Equity is closely tied to taxation policies, welfare economics, and the discussions of public finance, influencing how resources are allocated among different segments of the populati