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Persistent link: https://www.econbiz.de/10012213144
Climate change is an externality since those who emit greenhouse gases do not pay the long-term negative consequences of their emissions. In view of the resulting inefficiency, it has been claimed that climate policies can be evaluated by the Pareto principle. However, climate policies lead to...
Persistent link: https://www.econbiz.de/10013177609
We examine utilitarian criteria for evaluating profiles of wellbeing among infinitely many individuals. Motivated by the non-existence of a natural 1-to-1 correspondence between people when alternatives have different population structures, with a different number of people in each generation,...
Persistent link: https://www.econbiz.de/10013177610
This paper studies a class of social welfare relations (SWRs) on the set of infinite utility streams. In particular, we examine the SWRs satisfying Q-Anonymity, an impartiality axiom stronger than Finite Anonymity, as well as Strong Pareto and a certain equity axiom. First, we characterize the...
Persistent link: https://www.econbiz.de/10005018201
This paper studies the extensions of the infinte-horizon variants of the leximin principle and utilitarianism on the set of infinite utility streams. We especially examine those extensions which satisfy the axiom of Preference-continuity (or Consistency) and the extended anonymity axiom called...
Persistent link: https://www.econbiz.de/10005018203
Persistent link: https://www.econbiz.de/10003749181
Persistent link: https://www.econbiz.de/10003749183
1 Introduction -- 2 Intragenerational social welfare evaluation -- 3 Intergenerational social welfare evaluation -- 4 Extended anonymity and intergenerational social welfare evaluation -- 5 Intergenerational social welfare evaluation with variable population size -- 6 Conclusion: Further issues...
Persistent link: https://www.econbiz.de/10012399452
Climate change is an externality since those who emit greenhouse gases do not pay the long-term negative consequences of their emissions. In view of the resulting inefficiency, it has been claimed that climate policies can be evaluated by the Pareto principle. However, climate policies lead to...
Persistent link: https://www.econbiz.de/10012817856
We examine utilitarian criteria for evaluating profiles of wellbeing among infinitely many individuals. Motivated by the non-existence of a natural 1-to-1 correspondence between people when alternatives have different population structures, with a different number of people in each generation,...
Persistent link: https://www.econbiz.de/10012817908