Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
957188 | Journal of Economic Theory | 2012 | 11 Pages |
Abstract
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.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
José Carlos R. Alcantud,