Inequality averse criteria for evaluating infinite utility streams: The impossibility of Weak Pareto

被引:15
作者
Alcantud, Jose Carlos R. [1 ]
机构
[1] Univ Salamanca, Fac Econ & Empresa, E-37008 Salamanca, Spain
关键词
Social welfare function; Equity; Inequality aversion; Pareto axiom; Intergenerational justice; EQUITY;
D O I
10.1016/j.jet.2011.01.006
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper investigates ethical aggregation of infinite utility streams by representable social welfare relations. We prove that the Hammond Equity postulate and other variations of it like the Pigou Dalton transfer principle are incompatible with positive responsiveness to welfare improvements by every generation. The case of Hammond Equity for the Future is investigated too. (C) 2011 Elsevier Inc. All rights reserved.
引用
收藏
页码:353 / 363
页数:11
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