Equitable preference relations on infinite utility streams
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Publication:2057263
Abstract: We propose generalized versions of strong equity and Pigou-Dalton transfer principle. We study the existence and the real valued representation of social welfare relations satisfying these two generalized equity principles. Our results characterize the restrictions on one period utility domains for the equitable social welfare relation (i) to exist; and (ii) to admit real-valued representations.
Recommendations
- Asymptotic properties of welfare relations
- Ordering infinite utility streams
- On the impossibility of representing infinite utility streams
- Inequality averse criteria for evaluating infinite utility streams: the impossibility of Weak Pareto
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Cited in
(8)- On the impossibility of representing infinite utility streams
- Continuity and egalitarianism in the evaluation of infinite utility streams
- Combining monotonicity and strong equity: construction and representation of orders on infinite utility streams
- On multi-utility representation of equitable intergenerational preferences
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- Intergenerational equity and infinite-population ethics: a survey
- \({\mathcal{Q}}\)-anonymous social welfare relations on infinite utility streams
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