Intergenerational consumption rules: An axiomatization of utilitarianism and egalitarianism

DOI10.1016/0022-0531(86)90119-5zbMath0604.90010OpenAlexW2023650949MaRDI QIDQ1083341

Larry G. Epstein

Publication date: 1986

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0022-0531(86)90119-5

zbMATH Keywords

infinite horizonaxiomatic approachweak axiom of revealed preferenceallocation problemegalitarian and the utilitarian consumption rulesintergenerational consumption programs

Mathematics Subject Classification ID

Social choice (91B14)

Related Items (7)

Intergenerational egalitarianism ⋮ Equitable intergenerational preferences on restricted domains ⋮ Sustainability and discounted utilitarianism in models of economic growth ⋮ Maintaining capital intact and WARP ⋮ Intertemporal objective functions: strong Pareto versus anonymity ⋮ Characterization of the Maximin Choice Function in a Simple Dynamic Economy ⋮ Unjust intergenerational allocations

Cites Work

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• On Weights and Measures: Informational Constraints in Social Welfare Analysis
• The Evaluation of Infinite Utility Streams
• Stationary Ordinal Utility and Impatience
• The Structure of Utility Functions
• Choice Functions and Revealed Preference
• Consistent Intertemporal Decision Making
• On the Existence of a Consistent Course of Action when Tastes are Changing

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