Aggregating Infinite Utility Streams with InterGenerational Equity: The Impossibility of Being Paretian
By Kaushik Basu, T. Mitra. 2003
198 citations recorded by the source corpus.
Subfields: Economics and Econometrics
View Paper: https://www.semanticscholar.org/paper/456e297ac83c3b39fc5f0ea165e9a01a4b087c6c
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In Economics and Econometrics
Citations in the corpus
- Ordering infinite utility streams comes at the cost of a non-Ramsey set (2010, background): “The result extends to the standard domain [0, 1]N0 studied by Diamond, Svensson and Basu and Mitra. Indeed, the restriction of a finitely anonymous and Paretian ordering in [0, 1]N0 to the set {0, 1}N0 is a finitely anonymous and Paretian ordering in the restricted domain {0, 1}N0 . In other words, ”