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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...
Persistent link: https://www.econbiz.de/10009294098
The discounted utilitarian criterion for infinite horizon social choice has been criticized for treating generations unequally. We propose an extended rank-discounted utilitarian (ERDU) criterion instead. The criterion amounts to discounted utilitarianism on non-decreasing streams, but it treats...
Persistent link: https://www.econbiz.de/10008671700
It is well known, that the presences of children lower parental happiness. That is based on psychological and … economical reasons. The effect holds on for micro data of the GSOEP. The number of children affects an inverse u-shaped curve on … after generating terms of interaction for catching some effects of macroeconomic uncertainty. Children turn to be positive …
Persistent link: https://www.econbiz.de/10008527287