On the construction and representation of social welfare orders satisfying consequentialist equity axioms
Ram Sewak Dubey
Papers from arXiv.org
Abstract:
In this paper we examine the constructive nature of social welfare orders on infinite utility streams $X=Y^{\mathbb{N}}$ satisfying Strong Equity, Hammond Equity, or the Pigou--Dalton transfer principle. The constructive social welfare orders are described using lexicographic preference relations. Social welfare orders satisfying Strong Equity, Hammond Equity, or the Pigou--Dalton transfer principle admit explicit descriptions when $Y(
Date: 2026-06
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Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:2606.23428
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