Lower estimation of the difference among quasi-arithmetic means

Abstract

Quasi-arithmetic means are defined for every continuous, strictly monotone function f U → R, (U -- an interval). For an n-tuple a ∈ Un with corresponding vector of weights w=(w1,…,wn) (wi>0, Σ wi=1) it equals f-1( Σi=1n wi f(ai)). In 1960s Cargo and Shisha defined a metric in a family of quasi-arithmetic means defined on a common interval as the maximal possible difference between these means taken over all admissible vectors with corresponding weights. During the years 2013--16 we proved that, having two quasi-arithmetic means, we can majorized distance between them in terms of Arrow-Pratt index f''/f'. In this paper we are going to proof that this operator can be also used to establish certain lower boundaries of this distance.

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