On the Existence of Paretian Social Welfare Quasi-Orderings for Infinite Utility Streams with Extended Anonymity

Tapan Mitra and Kaushik Basu

Chapter 6 in Intergenerational Equity and Sustainability, 2007, pp 85-99 from Palgrave Macmillan

Abstract: Abstract In ranking social states, which are specified by infinite utility streams, it is customary to use a social welfare quasi-ordering (SWQ), a reflexive and transitive binary relation on the social states, satisfying two widely accepted guiding principles. The equal treatment of all generations, proposed by Ramsey (1928), is formalized in the Finite Anonymity Axiom. The positive sensitivity of the social preference structure to the well-being of each generation is reflected in the Pareto Axiom.

Keywords: Cyclic Permutation; Permutation Matrix; Permutation Matrice; Intergenerational Equity; Strict Subset (search for similar items in EconPapers)
Date: 2007
References: Add references at CitEc
Citations: View citations in EconPapers (11)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-0-230-23676-9_6

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230236769

DOI: 10.1057/9780230236769_6

Access Statistics for this chapter

More chapters in International Economic Association Series from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().