IDEAS home Printed from https://ideas.repec.org/a/eee/mateco/v52y2014icp66-69.html
   My bibliography  Save this article

Do all constructive strongly monotone inter-temporal orders exhibit impatience?

Author

Listed:
  • Banerjee, Kuntal
  • Dubey, Ram Sewak

Abstract

In this paper we show that if a strongly monotone inter-temporal order exhibits no preference towards the advancement of timing of future utility on any infinite utility stream, then the existence of such an order must involve some non-constructive device.

Suggested Citation

  • Banerjee, Kuntal & Dubey, Ram Sewak, 2014. "Do all constructive strongly monotone inter-temporal orders exhibit impatience?," Journal of Mathematical Economics, Elsevier, vol. 52(C), pages 66-69.
  • Handle: RePEc:eee:mateco:v:52:y:2014:i:c:p:66-69
    DOI: 10.1016/j.jmateco.2014.03.009
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0304406814000482
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.jmateco.2014.03.009?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

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

    References listed on IDEAS

    as
    1. Kaushik Basu & Tapan Mitra, 2003. "Aggregating Infinite Utility Streams with InterGenerational Equity: The Impossibility of Being Paretian," Econometrica, Econometric Society, vol. 71(5), pages 1557-1563, September.
    2. Lauwers, Luc, 2010. "Ordering infinite utility streams comes at the cost of a non-Ramsey set," Journal of Mathematical Economics, Elsevier, vol. 46(1), pages 32-37, January.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Pivato, Marcus & Fleurbaey, Marc, 2024. "Intergenerational equity and infinite-population ethics: A survey," Journal of Mathematical Economics, Elsevier, vol. 113(C).
    2. Dubey, Ram Sewak, 2016. "A Note On Social Welfare Orders Satisfying Pigou-Dalton Transfer Principle," Hitotsubashi Journal of Economics, Hitotsubashi University, vol. 57(2), pages 243-262, December.
    3. Asier Estevan & Roberto Maura & Óscar Valero, 2023. "Quasi-Metrics for Possibility Results: Intergenerational Preferences and Continuity," Mathematics, MDPI, vol. 11(2), pages 1-19, January.
    4. Dubey, Ram Sewak, 2016. "On construction of social welfare orders satisfying Hammond equity and Weak Pareto axioms," Mathematical Social Sciences, Elsevier, vol. 84(C), pages 119-124.
    5. Alcantud, José Carlos R. & Dubey, Ram Sewak, 2014. "Ordering infinite utility streams: Efficiency, continuity, and no impatience," Mathematical Social Sciences, Elsevier, vol. 72(C), pages 33-40.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Charles Figuières & Mabel Tidball, 2016. "Sustainable Exploitation of a Natural Resource: A Satisfying Use of Chichilnisky’s Criterion," Studies in Economic Theory, in: Graciela Chichilnisky & Armon Rezai (ed.), The Economics of the Global Environment, pages 207-229, Springer.
    2. Fleurbaey, Marc & Zuber, Stéphane, 2015. "Discounting, beyond utilitarianism," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 9, pages 1-52.
    3. Alcantud, José Carlos R. & Dubey, Ram Sewak, 2014. "Ordering infinite utility streams: Efficiency, continuity, and no impatience," Mathematical Social Sciences, Elsevier, vol. 72(C), pages 33-40.
    4. Dubey, Ram Sewak & Laguzzi, Giorgio & Ruscitti, Francesco, 2021. "On social welfare orders satisfying anonymity and asymptotic density-one Pareto," Mathematical Social Sciences, Elsevier, vol. 111(C), pages 26-33.
    5. Dubey, Ram Sewak & Laguzzi, Giorgio & Ruscitti, Francesco, 2020. "On the representation and construction of equitable social welfare orders," Mathematical Social Sciences, Elsevier, vol. 107(C), pages 17-22.
    6. Asheim, Geir B. & Kamaga, Kohei & Zuber, Stéphane, 2022. "Maximal sensitivity under Strong Anonymity," Journal of Mathematical Economics, Elsevier, vol. 103(C).
    7. Banerjee, Kuntal, 2017. "Suppes–Sen maximality of cyclical consumption: The neoclassical growth model," Journal of Mathematical Economics, Elsevier, vol. 70(C), pages 51-65.
    8. Banerjee, Kuntal & Dubey, Ram Sewak, 2013. "Impatience implication of weakly Paretian orders: Existence and genericity," Journal of Mathematical Economics, Elsevier, vol. 49(2), pages 134-140.
    9. Ram Sewak Dubey & Tapan Mitra, 2011. "On equitable social welfare functions satisfying the Weak Pareto Axiom: A complete characterization," International Journal of Economic Theory, The International Society for Economic Theory, vol. 7(3), pages 231-250, September.
    10. Zuber, Stéphane & Asheim, Geir B., 2012. "Justifying social discounting: The rank-discounted utilitarian approach," Journal of Economic Theory, Elsevier, vol. 147(4), pages 1572-1601.
    11. Dubey, Ram Sewak, 2016. "A Note On Social Welfare Orders Satisfying Pigou-Dalton Transfer Principle," Hitotsubashi Journal of Economics, Hitotsubashi University, vol. 57(2), pages 243-262, December.
    12. Ram Dubey & Tapan Mitra, 2014. "Combining monotonicity and strong equity: construction and representation of orders on infinite utility streams," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 43(3), pages 591-602, October.
    13. Kitti, Mitri, 2018. "Sustainable social choice under risk," Mathematical Social Sciences, Elsevier, vol. 94(C), pages 19-31.
    14. Adam Jonsson, 2023. "An axiomatic approach to Markov decision processes," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 97(1), pages 117-133, February.
    15. Dubey, Ram Sewak, 2011. "Fleurbaey–Michel conjecture on equitable weak Paretian social welfare order," Journal of Mathematical Economics, Elsevier, vol. 47(4-5), pages 434-439.
    16. Geir B. Asheim & Kuntal Banerjee & Tapan Mitra, 2021. "How stationarity contradicts intergenerational equity," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 72(2), pages 423-444, September.
    17. Marcus Pivato, 2014. "Additive representation of separable preferences over infinite products," Theory and Decision, Springer, vol. 77(1), pages 31-83, June.
    18. José Carlos R. Alcantud, 2013. "The impossibility of social evaluations of infinite streams with strict inequality aversion," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 1(2), pages 123-130, November.
    19. José Carlos R. Alcantud & María D. García-Sanz, 2013. "Evaluations of Infinite Utility Streams: Pareto Efficient and Egalitarian Axiomatics," Metroeconomica, Wiley Blackwell, vol. 64(3), pages 432-447, July.
    20. Adam Jonsson & Mark Voorneveld, 2015. "Utilitarianism on infinite utility streams: summable differences and finite averages," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 3(1), pages 19-31, April.

    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:eee:mateco:v:52:y:2014:i:c:p:66-69. See general information about how to correct material in RePEc.

    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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/jmateco .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.