IDEAS home Printed from https://ideas.repec.org/a/spr/sochwe/v15y1997i1p21-30.html
   My bibliography  Save this article

Equity, continuity, and myopia: A generalization of Diamond's impossibility theorem

Author

Listed:
  • Tomoichi Shinotsuka

    (Department of Economics, Otaru University of Commerce, 3-5-21 Midori, Hokkaido 047, Japan)

Abstract

We consider social preferences over infinite horizon intergenerational consumption paths. We use the Mackey topology to define continuity of social preferences. Our main objective is to generalize one of Diamond's impossibility theorems. First, we show that the trivial preference relation is the only asymmetric social preference relation satisfying equity and continuity. Second, we compare Campbell's impossibility theorem with ours. Finally we use an order-based notion of myopia and establish another impossibility result.

Suggested Citation

  • Tomoichi Shinotsuka, 1997. "Equity, continuity, and myopia: A generalization of Diamond's impossibility theorem," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 15(1), pages 21-30.
  • Handle: RePEc:spr:sochwe:v:15:y:1997:i:1:p:21-30
    Note: Received: 26 August 1994/Accepted: 5 June 1996
    as

    Download full text from publisher

    File URL: http://link.springer.de/link/service/journals/00355/papers/7015001/70150021.pdf
    Download Restriction: Access to the full text of the articles in this series is restricted

    File URL: http://link.springer.de/link/service/journals/00355/papers/7015001/70150021.ps.gz
    Download Restriction: Access to the full text of the articles in this series is restricted

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Lists

    This item is featured on the following reading lists or Wikipedia pages:
    1. Talk:Social discount rate in Wikipedia English ne '')

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sochwe:v:15:y:1997:i:1:p:21-30. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sonal Shukla) or (Rebekah McClure). General contact details of provider: http://www.springer.com .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.