Generalized time-invariant overtaking

Geir Asheim, Claude d'Aspremont and Kuntal Banerjee

Journal of Mathematical Economics, 2010, vol. 46, issue 4, 519-533

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)
Date: 2010
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Citations: View citations in EconPapers (22)

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Related works:
Working Paper: 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)
Working Paper: Generalized time-invariant overtaking (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:mateco:v:46:y:2010:i:4:p:519-533

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