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Resolving distributional conflicts between generations

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Author Info
Geir Asheim ()
Bertil Tungodden ()

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Abstract

We describe a new approach to the problem of resolving distributional conflicts between an infinite and countable number of generations. We impose conditions on the social preferences that capture the following idea: If preference (or indifference) holds between truncated paths for infinitely many truncating times, then preference (or indifference) holds also between the untruncated infinite paths. In this framework we use such conditions to (1) characterize different versions of leximin and utilitarianism by means of equity conditions well-known from the finite setting, and (2) illustrate the problem of combining Strong Pareto and impartiality in an intergenerational setting. Copyright Springer-Verlag Berlin/Heidelberg 2004

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File URL: http://hdl.handle.net/10.1007/s00199-003-0412-1
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Publisher Info
Article provided by Springer in its journal Economic Theory.

Volume (Year): 24 (2004)
Issue (Month): 1 (07)
Pages: 221-230
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Handle: RePEc:spr:joecth:v:24:y:2004:i:1:p:221-230

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Related research
Keywords: Intergenerational justice; Leximin; Utilitarianism.;

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(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)
  1. Frank Krysiak, 2009. "Sustainability and its relation to efficiency under uncertainty," Economic Theory, Springer, vol. 41(2), pages 297-315, November. [Downloadable!] (restricted)
  2. Juan A. Crespo & Carmelo Núñez & Juan Pablo Rincón-Zapatero, 2007. "On the impossibility of representing infinite utility streams," Economics Working Papers we075530, Universidad Carlos III, Departamento de Economía. [Downloadable!]
    Other versions:
  3. Asheim, Geir B. & Bossert, Walter & Sprumont, Yves & Suzumura, Kotaro, 2006. "Infinite-horizon choice functions," Memorandum 17/2006, Oslo University, Department of Economics. [Downloadable!]
    Other versions:
  4. Christopher Chambers, 2009. "Intergenerational equity: sup, inf, lim sup, and lim inf," Social Choice and Welfare, Springer, vol. 32(2), pages 243-252, February. [Downloadable!] (restricted)
  5. Claude, dÕASPREMONT, 2005. "Formal welfarism and intergenerational equity," Discussion Papers (ECON - Département des Sciences Economiques) 2005051, Université catholique de Louvain, Département des Sciences Economiques. [Downloadable!]
    Other versions:
  6. Basu, Kaushik & Mitra, Tapan, 2005. "On the Existence of Paretian Social Welfare Relations for Infinite Utility Streams with Extended Anonymity," Working Papers 05-06, Cornell University, Center for Analytic Economics. [Downloadable!]
  7. Geir B. Asheim, 2005. "Intergenerational Ethics under Resource Constraints," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 141(III), pages 313-330, September. [Downloadable!]
  8. Alcantud, José Carlos R. & García-Sanz, María D., 2009. "A comment on "Intergenerational equity: sup, inf, lim sup, and lim inf"," MPRA Paper 14763, University Library of Munich, Germany. [Downloadable!]
  9. Chiaki Hara & Tomoichi Shinotsuka & Kotaro Suzumura & Yongsheng Xu, 2008. "Continuity and egalitarianism in the evaluation of infinite utility streams," Social Choice and Welfare, Springer, vol. 31(2), pages 179-191, August. [Downloadable!] (restricted)
  10. Kohei Kamaga & Takashi Kojima, 2009. " $${\mathcal{Q}}$$ -anonymous social welfare relations on infinite utility streams," Social Choice and Welfare, Springer, vol. 33(3), pages 405-413, September. [Downloadable!] (restricted)
  11. Geir B. Asheim & Claude d’Aspremont & Kuntal Banerjee, 2008. "Generalized time-invariant overtaking," Working Papers 08004, Department of Economics, College of Business, Florida Atlantic University. [Downloadable!]
    Other versions:
  12. José Alcantud, 2009. "Conditional ordering extensions," Economic Theory, Springer, vol. 39(3), pages 495-503, June. [Downloadable!] (restricted)
  13. Geir B. Asheim & Kuntal Banerjee, 2009. "Fixed-step anonymous overtaking and catching-up," Working Papers 09001, Department of Economics, College of Business, Florida Atlantic University. [Downloadable!]
  14. Basu, Kaushik & Mitra, Tapan, 2003. "Utilitarianism for Infinite Utility Streams: A New Welfare Criterion and Its Axiomatic Characterization," Working Papers 03-05, Cornell University, Center for Analytic Economics. [Downloadable!]
    Other versions:
  15. Kuntal Banerjee, 2006. "On the Extension of the Utilitarian and Suppes–Sen Social Welfare Relations to Infinite Utility Streams," Social Choice and Welfare, Springer, vol. 27(2), pages 327-339, October. [Downloadable!] (restricted)
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