The concept is useful in describing inequality among the size of individuals in ecology and in studies of biodiversity, where the cumulative proportion of species is plotted against the cumulative proportion of individuals. It is also useful in business modeling: e.g., in consumer finance, to measure the actual percentage y% of delinquencies attributable to the x% of people with worst risk scores. Lorenz curves were also applied to epidemiology and public health, e.g., to measure pandemic inequality as the distribution of national cumulative incidence (y%) generated by the population residing in areas (x%) ranked with respect to their local epidemic attack rate.
The concept is useful in describing inequality among the size of individuals in ecology and in studies of biodiversity where the cumulative proportion of species is plotted against the cumulative proportion of individuals It is also useful in business modeling eg in consumer finance to measure the actual percentage y% of delinquencies attributable to the x% of people with worst risk scores Lorenz curves were also applied to epidemiology and public health eg to measure pandemic inequality as the distribution of national cumulative incidence (y%) generated by the population residing in areas (x%) ranked with respect to their local epidemic attack rate