Intertemporal Social Evaluation
Intertemporal social-evaluation rules provide us with social criteria that can be used to assess the relative desirability of utility distributions across generations. The trade-offs between the well-being of different generations implicit in each such rule reflect the underlying ethical position on issues of intergenerational equity or justice. We employ an axiomatic approach in order to identify ethically attractive socialevaluation procedures. In particular, we explore the possibilities of using welfare information and non-welfare information in a model of intertemporal social evaluation. We focus on the individuals’ birth dates and lengths of life as the relevant non-welfare information. As usual, welfare information is given by lifetime utilities. It is assumed that this information is available for each alternative to be ranked. Various weakenings of the Pareto principle are employed in order to allow birth dates or lengths of life (or both) to matter in social evaluation. In addition, we impose standard properties such as continuity and anonymity and we examine the consequences of an intertemporal independence property. For each of the Pareto conditions employed, we characterize all social-evaluation rules satisfying it and our other axioms. The resulting rules are birth-date dependent or lifetime-dependent versions of generalized utilitarianism. Furthermore, we discuss the ethical and axiomatic foundations of geometric discounting in the context of our model.
|Date of creation:||2005|
|Date of revision:|
|Contact details of provider:|| Postal: CP 6128, Succ. Centre-Ville, Montréal, Québec, H3C 3J7|
Phone: (514) 343-6540
Fax: (514) 343-5831
Web page: http://www.sceco.umontreal.ca
More information through EDIRC
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.:
- Blackorby, Charles & Bossert, Walter & Donaldson, David, 2002. "Utilitarianism and the theory of justice," Handbook of Social Choice and Welfare, in: K. J. Arrow & A. K. Sen & K. Suzumura (ed.), Handbook of Social Choice and Welfare, edition 1, volume 1, chapter 11, pages 543-596 Elsevier.
- Blackorby, Charles & Bossert, Walter & Donaldson, David, 2004.
"Multi-Profile Welfarism : A Generalisation,"
The Warwick Economics Research Paper Series (TWERPS)
710, University of Warwick, Department of Economics.
- Charles Blackorby & Walter Bossert & David Donaldson, 2005. "Multi_profile welfarism: a generalization," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 25(1), pages 227-228, October.
- Charles Blackorby & Walter Bossert & David Donaldson, 2005. "Multi-profile welfarism: A generalization," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 24(2), pages 253-267, 04.
- BLACKORBY, Charles & BOSSERT, Walter & DONALDSON, David, 2006.
Cahiers de recherche
14-2006, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
- Blackorby, Charles & Bossert, Walter & Donaldson, David, 1997.
"Birth-Date Dependent Population Ethics: Critical-Level Principles,"
Journal of Economic Theory,
Elsevier, vol. 77(2), pages 260-284, December.
- Blackorby, C. & Bossert, W. & Donalson, D., 1995. "Birth-Date Dependent Population Ethics: Critical-Level Principles," G.R.E.Q.A.M. 95a24, Universite Aix-Marseille III.
- W. M. Gorman, 1968. "The Structure of Utility Functions," Review of Economic Studies, Oxford University Press, vol. 35(4), pages 367-390.
- Broome, John, 2006.
Oxford University Press, number 9780199297702, December.
- Eric Maskin, 1978. "A Theorem on Utilitarianism," Review of Economic Studies, Oxford University Press, vol. 45(1), pages 93-96.
- Blackorby, Charles & Bossert, Walter & Donaldson, David, 1995. "Intertemporal Population Ethics: Critical-Level Utilitarian Principles," Econometrica, Econometric Society, vol. 63(6), pages 1303-20, November.
- Kevin W. S. Roberts, 1980. "Interpersonal Comparability and Social Choice Theory," Review of Economic Studies, Oxford University Press, vol. 47(2), pages 421-439.
- Kelsey, David, 1987. "The Role of Information in Social Welfare Judgements," Oxford Economic Papers, Oxford University Press, vol. 39(2), pages 301-17, June.
- Blackorby, Charles & Bossert, Walter & Donaldson, David, 2000. "The Value of Limited Altruism," Journal of Economic Theory, Elsevier, vol. 95(1), pages 37-70, November.
When requesting a correction, please mention this item's handle: RePEc:mtl:montde:2005-06. 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: (Sharon BREWER)
If references are entirely missing, you can add them using this form.