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Abstract

This paper contributes to qualifying the Basu-Mitra approach to the problem of intergenerational social choice, by analyzing the impact of the structure of the feasible set of utilities on Banerjee-s 2006 impossibility theorem.

We prove that if the utilities that each generation can possess lie in $\NN \cup \{0\} $, then an explicit expression for a Paretian social welfare function that accounts for a strengthened form of Hammond Equity for the Future can be given.



Item Type: MPRA Paper -

Original Title: Paretian evaluation of infinite utility streams: an egalitarian criterion-

Language: English-

Keywords: Social welfare function; Equity; Pareto axiom; Intergenerational utility-

Subjects: D - Microeconomics > D6 - Welfare Economics > D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement-





Autor: Alcantud, José Carlos R.

Fuente: https://mpra.ub.uni-muenchen.de/6324/



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