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Rawlsian equity and generalised utilitarianism with an infinite population (*)

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Author Info
Luc Lauwers (Monitoraat ETEW, K. U. Leuven, Dekenstraat 2, B-3000 Leuven, BELGIUM)

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Abstract

This note provides axiomatizations of the discounting utilitarian rule and the Rawlsian infimum rule for an infinite setting. Contrary to the finite case, an objective function cannot at the same time satisfy anonymity and the strong Pareto principle. The Rawlsian rule is based on anonymity, and the discounting rule on the strong Pareto axiom. Furthermore, the infimum rule is compatible with an infinite version of ordinal level comparability, and the discounting rule with cardinal unit comparability.

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Publisher Info
Article provided by Springer in its journal Economic Theory.

Volume (Year): 9 (1996)
Issue (Month): 1 ()
Pages: 143-150
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Handle: RePEc:spr:joecth:v:9:y:1996:i:1:p:143-150

Note: Received: November 5, 1993; re-revised version July 31, 1995
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  1. 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!]
  2. 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!]
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