Generalized time-invariant overtaking

Geir Asheim, Claude d'Aspremont and Kuntal Banerjee

No 394, PIE/CIS Discussion Paper from Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi 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 (search for similar items in EconPapers)
Pages: 30 pages
Date: 2008-08
Note: June 28, 2008
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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https://hermes-ir.lib.hit-u.ac.jp/hermes/ir/re/15917/pie_dp394.pdf

Related works:
Journal Article: Generalized time-invariant overtaking (2010)
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)
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Persistent link: https://EconPapers.repec.org/RePEc:hit:piecis:394

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