A comment on "Intergenerational equity: sup, inf, lim sup, and lim inf"

José Alcantud () and María D. García-Sanz

MPRA Paper from University Library of Munich, Germany

Abstract: We reexamine the analysis of Chambers (Social Choice and Welfare, 2009), that produces a characterization of a family of social welfare functions in the context of intergenerational equity: namely, those that coincide with either the sup, inf, lim sup, or lim inf rule. Reinforcement, ordinal covariance, and monotonicity jointly identify such class of rules. We show that the addition of a suitable axiom to this three properties permits to characterize each particular rule. A discussion of the respective distinctive properties is provided.

Keywords: Social welfare function; Intergenerational equity; Lim sup; Lim inf (search for similar items in EconPapers)
JEL-codes: D60 D70 D90 (search for similar items in EconPapers)
Date: 2009-04-21
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