Abstract
We discuss properties of certain generalization of Power Means proposed in 1971 by Carlson, Meany and Nelson. For any fixed parameter (k,s,q) and vector (v_1,...,v_n) they take the q-th power means of all possible k-tuples (v_{i_1},...,v_{i_k}), and then calculate the s-th power mean of the resulting vector of length C_n^k. We work towards a complete answer to the question when such means satisfy inequalities resembling the classical Hardy inequality. We give a definitive answer in a large part of the parameter space. An unexpected corollary is that this family behaves much differently than most of other families admitting Hardy-type inequalities. Namely, arbitrarily small perturbations of parameters may lead to the breakdown of such inequalities.
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