Fish Tank Problem - Animated
Use the sliders to change the length and width of the tank, and also [br]to change the inflow rate, i.e. the rate of flow of water into the tank.[br]The length and width are in feet. The inflow rate is in cubic feet per[br]minute.
Fish Tank Problem - Animated
Gini Coefficient
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Move the slider to see how the Gini Coefficient changes with the Lorenz Curve. |
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For a more detailed explanation of the Gini Coefficient, see John Creedy, "Measuring Income Inequality", Australian Economic Review, 2nd Quarter 1996 (vol. 29, no. 2), pp. 236-46. |