Aggregating Infinite Utility Streams with InterGenerational Equity: The Impossibility of Being Paretian
Aggregating Infinite Utility Streams with InterGenerational Equity: The Impossibility of Being Paretian
复制标题
用代际公平聚合无限的效用流：成为帕累托主义者是不可能的
DOI：
10.1111/1468-0262.00458
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发表时间：
2003
期刊：
影响因子：
6.1
通讯作者：
Tapan Mitra
中科院分区：
文献类型：
--
作者：
K. Basu;Tapan Mitra
众所周知，在聚合无限效用流时，不存在任何满足帕累托公理、代际公平和连续性的社会福利函数。我们表明，不可能的结果仍然存在，即使没有强加的连续性公理，并在框架中允许更一般的域的效用比现有文献中使用的。经济计量学会2003年版权所有。
It has been known that, in aggregating infinite utility streams, there does not exist any social welfare function, which satisfies the axioms of Pareto, intergenerational equity, and continuity. We show that the impossibility result persists even without imposing the continuity axiom, and in frameworks allowing for more general domains of utilities than those used in the existing literature. Copyright The Econometric Society 2003.