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On the equity-efficiency trade off in aggregating infinite utility streams

Article ID Journal Published Year Pages File Type
5062702 Economics Letters 2006 5 Pages PDF
Abstract

We compare two different approaches to aggregating infinite utility streams, following some principles of equity and efficiency. We find that the consequentialist equity axiom, Hammond Equity for the Future, is more demanding than its procedural equity counterpart, Anonymity.

Keywords
D90D70D60Social welfare function
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
On the equity-efficiency trade off in aggregating infinite utility streams
Authors
Kuntal Banerjee,
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Journal
Economics Letters
Journal: Economics Letters
Related Categories
D90
D70
D60
Social welfare function
Economics and Econometrics
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