Discuss the concept of ‘equally distributed equivalent achievement’ (EDEA) in the context of ‘gender adjusted health equality (GAHE)’
Equally distributed equivalent achievement (EDEA) is a concept in welfare economics that aims to measure the level of equality in a society by taking into account both the average level of well-being and its distribution. The basic idea is to calculate the minimum level of achievement that individuals at the bottom of the distribution would need to reach in order to achieve the same level of well-being as individuals at the top of the distribution.
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