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We present a new version of the overtaking criterion, which we call generalized time invariant overtaking. The generalized time-invariant overtaking criterion (on the space of infinite utility streams) is defined by extending proliferating sequences of complete and transitive binary relations...
Persistent link: https://www.econbiz.de/10005042807
Harsanyi’s Aggregation Theorem has often been dismissed as being irrelevant to utilitarianism, and thus void of ethical content. Some of these objections can be met by reformulating Harsanyi’s theorem in the multi-profile context of Social Welfare Functionals theory. The present paper aims...
Persistent link: https://www.econbiz.de/10005043317