A comment on "Intergenerational equity: sup, inf, lim sup, and lim inf"

Alcantud, José Carlos R. and García-Sanz, María D. (2009): A comment on "Intergenerational equity: sup, inf, lim sup, and lim inf".

Abstract

We reexamine the analysis of Chambers (Social Choice and Welfare, 2009), that produces a characterization of a family of social welfare functions in the context of intergenerational equity: namely, those that coincide with either the sup, inf, lim sup, or lim inf rule. Reinforcement, ordinal covariance, and monotonicity jointly identify such class of rules. We show that the addition of a suitable axiom to this three properties permits to characterize each particular rule. A discussion of the respective distinctive properties is provided.

• Item Type: MPRA Paper
• Language: English
• Keywords: Social welfare function; Intergenerational equity; Lim sup ; Lim inf
• Subjects: D - Microeconomics > D7 - Analysis of Collective Decision-Making > D70 - General; D - Microeconomics > D9 - Intertemporal Choice > D90 - General; D - Microeconomics > D6 - Welfare Economics > D60 - General

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