Generalized time-invariant overtaking

Geir B. Asheim (), d’Aspremont, Claude () and Kuntal Banerjee ()
Additional contact information
d’Aspremont, Claude: CORE, Universit´e catholique de Louvain, Belgium
Kuntal Banerjee: Department of Economics, College of Business, Florida Atlantic University
Authors registered in the RePEc Author Service: Claude d'Aspremont ()

No 8004, Working Papers from Department of Economics, College of Business, Florida Atlantic University

Abstract: We present a new version of the overtaking criterion, which we call generalized time-invariant overtaking. The generalized time-invariant overtaking criterion (on the space of infinite utility streams) is defined by extending proliferating sequences of complete and transitive binary relations defined on finite dimensional spaces. The paper presents a general approach that can be specialized to at least two, extensively researched examples, the utilitarian and the leximin orderings on a finite dimensional Euclidean space.

Keywords: Intergenerational justice; Utilitarianism; Leximin (search for similar items in EconPapers)
JEL-codes: D63 D71 (search for similar items in EconPapers)
Date: 2008-10
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http://kuntal.banerjee.googlepages.com/overta03.pdf First version, 2008 (application/pdf)

Related works:
Journal Article: Generalized time-invariant overtaking (2010)
Working Paper: Generalized time-invariant overtaking (2008)
Working Paper: Generalized time-invariant overtaking (2008)
Working Paper: Generalized time-invariant overtaking (2008)
Working Paper: Generalized time-invariant overtaking (2008)
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Persistent link: http://EconPapers.repec.org/RePEc:fal:wpaper:08004

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