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strict transfer principle. In addition, infinite horizon extensions of leximin and of utilitarianism are characterized by …
Persistent link: https://www.econbiz.de/10005353409
finite-dimensional criterion (e.g., utilitarianism or leximin). We present axiomatizations that rely on weaker axioms than …
Persistent link: https://www.econbiz.de/10005837595
approach that can be specialized to at least two, extensively researched examples, the utilitarian and the leximin orderings on …
Persistent link: https://www.econbiz.de/10004984797
approach that can be specialized to at least two, extensively researched examples, the utilitarian and the leximin orderings on …
Persistent link: https://www.econbiz.de/10005042807
strict transfer principle. In addition, infinitehorizon extensions of leximin and of utilitarianism are characterized by …
Persistent link: https://www.econbiz.de/10005729634
approach that can be specialized to at least two, extensively researched examples, the utilitarian and the leximin orderings on …
Persistent link: https://www.econbiz.de/10005790514
This paper studies the extensions of the infinte-horizon variants of the leximin principle and utilitarianism on the …-continuity (or Consistency) and the extended anonymity axiom called Q-Anonymity. We formulate new extended leximin and utilitarian … social welfare relations (SWRs), called Q-W-leximin SWR and Q-overtaking criterion respectively, and show that Weak …
Persistent link: https://www.econbiz.de/10005018203
approach that can be specialized to at least two, extensively researched examples, the utilitarian and the leximin orderings on …
Persistent link: https://www.econbiz.de/10004984712
The paper reexamines the welfare economics of intergenerational risk. Risk and its resolution over time are modeled as a decision tree: in each period, the consumption of the current one-period living generation is to be traded-off against uncertain benefits of future generations; as time...
Persistent link: https://www.econbiz.de/10010467848
ethically convincing justification, and that, only if one endorses utilitarianism as a good ethic. Recent work by Llavador …
Persistent link: https://www.econbiz.de/10005196040