Continuity and egalitarianism in the evaluation of infinite utility streams

Social Choice and Welfare

Volumn 31, Issue 2, 2008, Pages 179-191

  Hara, Chiaki ^a   Shinotsuka, Tomoichi ^b   Suzumura, Kotaro ^c   Xu, Yongsheng ^d,e  

^a KYOTO UNIVERSITY   (Japan)

^b UNIVERSITY OF TSUKUBA   (Japan)

^c HITOTSUBASHI UNIVERSITY   (Japan)

^d GEORGIA STATE UNIVERSITY   (United States)

^e CENTRAL UNIVERSITY OF FINANCE AND ECONOMICS   (China)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 47849130231     PISSN: 01761714     EISSN: None     Source Type: Journal    
DOI: 10.1007/s00355-007-0275-7     Document Type: Article

References (26)

1. Atkinson AB (1970) On the measurement of inequality. J Econ Theory 2:244-263. Reprinted in Atkinson AB (1983) Social justice and public policy. The MIT Press, Cambridge
2. Asheim GB and Tungodden B (2004). Resolving distributional conflicts between generations. Econ Theory 24: 221-230
3. Banerjee K and Mitra T (2007). On the impatience implications of Paretian social welfare functions. J Math Econ 43: 236-248
4. Banerjee K, Mitra T (2007b) On the continuity of ethical social welfare orders of infinite utility streams. Soc Choice Welf (forthcoming)
5. Basu K and Mitra T (2003). Aggregating infinite utility streams with intergenerational equity: impossibility of being Paretian. Econometrica 71: 1557-1563
6. Basu K and Mitra T (2007). Utilitarianism for infinite utility streams: a new welfare criterion and its axiomatic characterization. J Econ Theory 133: 350-373
7. Bossert W, Sprumont Y and Suzumura K (2007). Ordering infinite utility streams. J Econ Theory 135: 579-589
8. Campbell DE (1985). Impossibility theorems and infinite horizon planning. Soc Choice Welf 2: 283-293
9. Diamond PA (1965). The evaluation of infinite utility streams. Econometrica 33: 170-177
10. Fleurbaey M and Michel P (2001). Transfer principles and inequality aversion, with an application to optimal growth. Math Soc Sci 42: 1-11
11. Fleurbaey M and Michel P (2003). Intertemporal equity and the extension of the Ramsey criterion. J Math Econ 39: 777-802
12. Hammond P (1976). Equity, Arrow's conditions and Rawls' difference principle. Econometrica 44: 793-804
13. Hara C, Shinotsuka T, Suzumura K, Xu Y (2005) On the possibility of continuous, Paretian and egalitarian evaluation of infinite utility streams. Working Paper, Institute of Economic Research, Hitotsubashi University
14. Herstein IN and Milnor J (1953). An axiomatic approach to measurable utility. Econometrica 21: 291-297
15. Inoue T (2006) Linearly continuous preferences and equilibrium analysis in a finite dimensional commodity space. Institute of Economic Research, Kyoto University (unpublished manuscript)
16. Kolmogorov AN, Fomin SV (1971) In: Silverman RA (trans and ed) Introductory real analysis. Dover Publications, INC, New York
17. Koopmans TC (1960). Stationary ordinal utility and impatience. Econometrica 28: 287-309
18. Lauwers L (1997). Continuity and equity with infinite horizons. Soc Choice Welf 14: 345-356
19. Lauwers L (2007) Ordering infinite utility streams: completeness at the cost of a non-Ramsey set. K. U. Leuven (unpublished manuscript)
20. Sakai T (2006). Equitable intergenerational preferences on restricted domains. Soc Choice Welf 27: 41-54
21. Sen AK (1970) Collective choice and social welfare. Holden-Day Republished, San Francisco. North-Holland, Amsterdam, 1979
22. Sen AK (1997) On economic inequality. In: Foster JE, Amartya Sen A (eds) Expanded edition with a substantial annexe Clarendon Press, Oxford
23. Shinotsuka T (1998). Equity, continuity and myopia: a generalization of diamond's impossibility theorem. Soc Choice Welf 15: 21-30
24. Sidgwick H (1907). The methods of ethics, 7th edn. Macmillan and Co, London
25. Svensson L-G (1980). Equity among generations. Econometrica 48: 1251-1256
26. Zame WR (2007). Can intergenerational equity be operationalized?. Theoret Econ 2: 187-202