A complete and strongly anonymous leximin relation on infinite streams

Geir B. Asheim; Stéphane Zuber

Various extensions of the leximin order to the infinite dimensional setting have been suggested. They relax completeness and strong anonymity. Instead, by removing sensitivity to generations at infinite rank this paper defines a complete and strongly anonymous leximin relation on infinite streams. The order is axiomatized, and it is shown to be the limit of extended rank-discounted utilitarianism for any utility function, as the discount factor approaches zero. -- intergenerational equity ; lexicographic maximin

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Year of publication:	2011
Authors:	Asheim, Geir B. ; Zuber, Stéphane
Publisher:	München : CESifo
Subject:	Präferenztheorie \| Theory of preferences \| Nutzenfunktion \| Utility function \| Generationengerechtigkeit \| Intergenerational equity \| Theorie \| Theory

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Extent:	Online-Ressource (PDF-Datei: 18 S., 331 KB)
Series:	CESifo working papers. - München : [Verlag nicht ermittelbar], ISSN 2364-1428, ZDB-ID 2065232-X. - Vol. 3578
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Notes:	Systemvoraussetzungen: Acrobat Reader
Other identifiers:	hdl:10419/52437 [Handle]
Classification:	D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement ; D71 - Social Choice; Clubs; Committees; Associations
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10009301142