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Abstract
type:article
In this paper we consider social preferences over intergenerational consumption paths for a continuum of generations. We prove that equal treatment of all generations is incompatible with Mackey continuity of social preferences under mild axioms such as nontriviality and asymmetry. We also show that this impossibility result is tight in the sense that for each of the four axioms there exists a social preference relation violating it but satisfying all the other axioms.
identifier:https://repository.tku.ac.jp/dspace/handle/11150/760
Journal
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- 東京経大学会誌(経済学) = The Journal of Tokyo Keizai University : Economics
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東京経大学会誌(経済学) = The Journal of Tokyo Keizai University : Economics 271 43-51, 2011-11-30
東京経済大学経済学会
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Details 詳細情報について
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- CRID
- 1050001337487323392
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- NII Article ID
- 120005281695
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- NII Book ID
- AA11181194
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- ISSN
- 13486403
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- NDL BIB ID
- 023373456
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- Text Lang
- en
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- Article Type
- departmental bulletin paper
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- Data Source
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- IRDB
- NDL
- CiNii Articles