Article ID Journal Published Year Pages File Type
957412 Journal of Economic Theory 2007 24 Pages PDF
Abstract

A definition of a utilitarian social welfare relation (SWR) for infinite utility streams is proposed. Such a relation is characterized in terms of the Pareto, Anonymity and Partial Unit Comparability Axioms. The merits of the utilitarian SWR, relative to the more restrictive SWR induced by the overtaking criterion, are examined.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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