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Identifier to cite or link to this item: https://hdl.handle.net/10086/14539

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Title
On the Possibility of Continuous, Paretian and Egalitarian Evaluation of Infinite Utility Streams
Creator
Creator Name
Hara, Chiaki Hara, Chiaki
原, 千秋 原, 千秋
ハラ, チアキ ハラ, チアキ
Affiliation
Affiliation Name
Kyoto University
Creator Name
Shinotsuka, Tomoichi Shinotsuka, Tomoichi
篠塚, 友一 篠塚, 友一
シノツカ, トモイチ シノツカ, トモイチ
Affiliation
Affiliation Name
University of Tsukuba
Creator Name
Suzumura, Kotaro Suzumura, Kotaro
鈴村, 興太郎 鈴村, 興太郎
Affiliation
Affiliation Name
Hitotsubashi University
Creator Name
Xu, Yongsheng Xu, Yongsheng
Affiliation
Affiliation Name
Georgia State University
Affiliation
Affiliation Name
Central University of Finance and Economics
Editor
Contributor Name
世代間問題研究プロジェクト（世代間問題の経済分析） = Economic Analysis of Intergenerational Issues, Project on Intergenerational Equity
JEL
D63
D71
Abstract
There exists a utilitarian tradition ? la Sidgwick of treating equal generations equally in the form of anonymity. Diamond showed that no social evaluation ordering over infinite utility streams satisfying the Pareto principle, Sidgwick's equity principle, and the axiom of continuity exists. We introduce two versions of egalitarianism in the spirit of the Pigou-Dalton transfer principle and the Lorenz domination principle, and examine their compatibility with the weak Pareto principle in the presence of a semi-continuity axiom. The social evaluation relation is not assumed to be either complete or transitive, yet Diamond's impossibility strenuously resurfaces.
Description
August 12, 2006
This paper is an outgrowth of our joint research which was conducted as a part of the Project on Intergenerational Equity under the auspices of the Grant-in-Aid for Scientific Research from the Ministry of Education, Culture, Sports, Science and Technology of Japan.
Publisher
Institute of Economic Research, Hitotsubashi University
Issued Date
2007-03
Language
English(eng)
Resource Type
technical report
Version Type
VoR
Is Part OfRelation -
Related Title
Discussion Paper ; No. 322
Relation
Related Identifier
URI
  http://www.ier.hit-u.ac.jp/pie/stage2/Japanese/
NCID
AA11851730
Number of Pages
15
Sponsorship
科学研究費補助金（特別推進研究） = Grant-in-Aid for Specially Promoted Research
Appears in Collections
Discussion paper / Economic Analysis of Intergenerational Issues, PIE
URL
https://hdl.handle.net/10086/14539