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

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  • Alcantud, José Carlos R.
  • García-Sanz, María D.

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.

Suggested Citation

  • 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.
    • Handle: RePEc:pra:mprapa:14763
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    References listed on IDEAS

    as
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    7. d’ASPREMONT, Claude, 2005. "Formal welfarism and intergenerational equity," LIDAM Discussion Papers CORE 2005075, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
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    More about this item

    Keywords

    Social welfare function; Intergenerational equity; Lim sup ; Lim inf;
    All these keywords.

    JEL classification:

    • D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
    • D90 - Microeconomics - - Micro-Based Behavioral Economics - - - General
    • D60 - Microeconomics - - Welfare Economics - - - General

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