The idea of this paper is that "intergenerational majority rule voting" can sometimes be both efficient and equitable, as formalised by an intergenerational application of the Arrow axioms. A decision by the US Environmental Protection Agency to require carbon filtration of drinking water on the...

The idea of this paper is that "intergenerational majority rule voting" can sometimes be both efficient and equitable, as formalised by an intergenerational application of the Arrow axioms. A decision by the US Environmental Protection Agency to require carbon filtration of drinking water on the...