Showing 1 - 3 of 3
This article investigates the nature of paths in the standard neoclassical aggregative model of economic growth that are maximal according to the Suppes–Sen grading principle. This is accomplished by relating such paths to paths which are utilitarian maximal when an increasing (but not...
Persistent link: https://www.econbiz.de/10010848190
In this paper we investigate the relation between scalar continuity and representability of monotone preference orders in a sequence space. Scalar continuity is shown to be sufficient for representability of a monotone preference order and easy to verify in concrete examples. Generalizing this...
Persistent link: https://www.econbiz.de/10010848200
This paper studies the nature of social welfare orders (SWO) on infinite utility streams, satisfying the efficiency principle known as monotonicity and the consequentialist equity principle known as strong equity. It provides a complete characterization of domain sets for which there exists such...
Persistent link: https://www.econbiz.de/10010937806