Lorenz curve
noun
- Economics a graph on which the cumulative percentage of total national income (or some other variable) is plotted against the cumulative percentage of the corresponding population (ranked in increasing size of share). The extent to which the curve sags below a straight diagonal line indicates the degree of inequality of distribution.【经济】罗伦兹曲线。
词源
early 20th cent.: named after Max O. Lorenz (born 1876), the American statistician who devised the curve.