Impatience for Weakly Paretian Orders: Existence and Genericity

Kuntal Banerjee () and Ram Dubey ()
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Kuntal Banerjee: Department of Economics, Colgate University, http://www.colgate.edu/econ/
Ram Dubey: Department of Economics, Colgate University

No 2011-03, Working Papers from Department of Economics, Colgate University

Abstract: We study order theoretic and topological implications for impatience of weakly Paretian, representable orders on infinite utility streams. As a departure from the traditional literature, we do not make any continuity assumptions in proving the existence of impatient points. Impatience is robust in the sense that there are uncountably many impatient points. A general statement about genericity of impatience cannot be made for representable, weakly Paretian orders. This is shown by means of an example. If we assume a stronger sensitivity condition, then genericity obtains.

Keywords: Impatience Condition; Weak Pareto; Sensitivity Conditions; Genericity; Order Types; Uncountable Sets (search for similar items in EconPapers)
JEL-codes: D70 D90 (search for similar items in EconPapers)
Date: 2011-08
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:cgt:wpaper:2011-03

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