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Utilitarianism for Infinite Utility Streams: A New Welfare Criterion and Its Axiomatic Characterization

Citations

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Cited by:

  1. Jonsson, Adam & Voorneveld, Mark, 2018. "The limit of discounted utilitarianism," Theoretical Economics, Econometric Society, vol. 13(1), January.
  2. Asheim, Geir B. & d'Aspremont, Claude & Banerjee, Kuntal, 2010. "Generalized time-invariant overtaking," Journal of Mathematical Economics, Elsevier, vol. 46(4), pages 519-533, July.
  3. Geir Asheim & Stéphane Zuber, 2013. "A complete and strongly anonymous leximin relation on infinite streams," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 41(4), pages 819-834, October.
  4. Llavador, Humberto & Roemer, John E. & Silvestre, Joaquim, 2010. "Intergenerational justice when future worlds are uncertain," Journal of Mathematical Economics, Elsevier, vol. 46(5), pages 728-761, September.
  5. Alain Ayong Le Kama & Thai Ha-Huy & Cuong Le Van & Katheline Schubert, 2014. "A never-decisive and anonymous criterion for optimal growth models," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 55(2), pages 281-306, February.
  6. repec:ipg:wpaper:2 is not listed on IDEAS
  7. Basu, Kaushik, 2010. "A marketing scheme for making money off innocent people: A user's manual," Economics Letters, Elsevier, vol. 107(2), pages 122-124, May.
  8. Ali Khan, M. & Piazza, Adriana, 2012. "On the Mitra–Wan forestry model: A unified analysis," Journal of Economic Theory, Elsevier, vol. 147(1), pages 230-260.
  9. 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.
  10. Pivato, Marcus & Fleurbaey, Marc, 2024. "Intergenerational equity and infinite-population ethics: A survey," Journal of Mathematical Economics, Elsevier, vol. 113(C).
  11. Geir B. Asheim & Tapan Mitra & Bertil Tungodden, 2016. "Sustainable Recursive Social Welfare Functions," Studies in Economic Theory, in: Graciela Chichilnisky & Armon Rezai (ed.), The Economics of the Global Environment, pages 165-190, Springer.
  12. Jean-Pierre Drugeon & Thai Ha Huy, 2022. "A not so myopic axiomatization of discounting," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 73(1), pages 349-376, February.
  13. Walter Bossert & Kotaro Suzumura, 2011. "Multi-profile intergenerational social choice," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 37(3), pages 493-509, September.
  14. Geir B. Asheim, 2005. "Intergenerational Ethics under Resource Constraints," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 141(III), pages 313-330, September.
  15. Nicholas Stern, 2013. "Ethics, equity and the economics of climate change. Paper 2: Economics and Politics," GRI Working Papers 84b, Grantham Research Institute on Climate Change and the Environment.
  16. Kaushik Basu, 2009. "A Marketing Scheme for Making Money off Innocent People: A User’s Manual," Working Papers id:2341, eSocialSciences.
  17. Alain Ayong Le Kama & Cuong Le Van & Katheline Schubert, 2008. "A Non-dictatorial Criterion for Optimal Growth Models," Working Papers 14, Development and Policies Research Center (DEPOCEN), Vietnam.
  18. Claude, d’ASPREMONT, 2005. "Formal welfarism and intergenerational equity," Discussion Papers (ECON - Département des Sciences Economiques) 2005051, Université catholique de Louvain, Département des Sciences Economiques.
  19. Mohamed Ben Ridha Mabrouk, 2011. "Translation invariance when utility streams are infinite and unbounded," International Journal of Economic Theory, The International Society for Economic Theory, vol. 7(4), pages 317-329, December.
  20. Nicolas Gravel & Patrick Moyes, 2013. "Utilitarianism or welfarism: does it make a difference?," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 40(2), pages 529-551, February.
  21. Marco Mariotti & Roberto Veneziani, 2018. "Opportunities as Chances: Maximising the Probability that Everybody Succeeds," Economic Journal, Royal Economic Society, vol. 128(611), pages 1609-1633, June.
  22. Geir Asheim & Walter Bossert & Yves Sprumont & Kotaro Suzumura, 2010. "Infinite-horizon choice functions," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 43(1), pages 1-21, April.
  23. Banerjee, Kuntal & Mitra, Tapan, 2010. "Equivalence of utilitarian maximal and weakly maximal programs," Journal of Mathematical Economics, Elsevier, vol. 46(3), pages 279-292, May.
  24. 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.
  25. repec:ipg:wpaper:2013-002 is not listed on IDEAS
  26. Uyanik, Metin & Khan, M. Ali, 2022. "The continuity postulate in economic theory: A deconstruction and an integration," Journal of Mathematical Economics, Elsevier, vol. 101(C).
  27. Michele Lombardi & Kaname Miyagishima & Roberto Veneziani, 2016. "Liberal Egalitarianism and the Harm Principle," Economic Journal, Royal Economic Society, vol. 126(597), pages 2173-2196, November.
  28. Mabrouk, Mohamed, 2009. "Comparing Incomparable Alternatives when certain intergenerational choice axiom are to be satisfied," MPRA Paper 82568, University Library of Munich, Germany.
  29. Alvarez-Cuadrado, Francisco & Van Long, Ngo, 2009. "A mixed Bentham-Rawls criterion for intergenerational equity: Theory and implications," Journal of Environmental Economics and Management, Elsevier, vol. 58(2), pages 154-168, September.
  30. 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.
  31. 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.
  32. Geir B. Asheim & Kuntal Banerjee, 2010. "Fixed‐step anonymous overtaking and catching‐up," International Journal of Economic Theory, The International Society for Economic Theory, vol. 6(1), pages 149-165, March.
  33. Jonsson, Adam & Voorneveld, Mark, 2014. "Utilitarianism for infinite utility streams: summable differences and finite averages," SSE/EFI Working Paper Series in Economics and Finance 747, Stockholm School of Economics, revised 15 Apr 2014.
  34. Dubey, Ram Sewak & Mitra, Tapan, 2010. "On the Nature of Suppes-Sen Choice Functions in an Aggregative Growth Model," Working Papers 10-06, Cornell University, Center for Analytic Economics.
  35. Kuntal Banerjee, 2006. "On the Extension of the Utilitarian and Suppes–Sen Social Welfare Relations to Infinite Utility Streams," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 27(2), pages 327-339, October.
  36. Mitra, Tapan, 2004. "Intergenerational Equity and the Forest Management Problem," Working Papers 04-17, Cornell University, Center for Analytic Economics.
  37. Marcus Pivato, 2014. "Additive representation of separable preferences over infinite products," Theory and Decision, Springer, vol. 77(1), pages 31-83, June.
  38. Li, Chen & Wakker, Peter P., 2024. "A simple and general axiomatization of average utility maximization for infinite streams," Journal of Economic Theory, Elsevier, vol. 216(C).
  39. repec:hal:pseose:hal-01044568 is not listed on IDEAS
  40. Ram Sewak Dubey & Francesco Ruscitti, 2024. "Fair Allocations in an Overlapping Generations Economy," Studies in Microeconomics, , vol. 12(2), pages 172-199, August.
  41. Susumu Cato, 2020. "Quasi-stationary social welfare functions," Theory and Decision, Springer, vol. 89(1), pages 85-106, July.
  42. Geir B. Asheim & Frikk Nesje, 2016. "Destructive Intergenerational Altruism," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 3(4), pages 957-984.
  43. Stern, Nicholas, 2014. "Ethics, equity and the economics of climate change paper 2: economics and politics," LSE Research Online Documents on Economics 62704, London School of Economics and Political Science, LSE Library.
  44. 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.
  45. Basu, Kaushik, 2013. "Shared prosperity and the mitigation of poverty : in practice and in precept," Policy Research Working Paper Series 6700, The World Bank.
  46. Iho Antti & Kitti Mitri, 2011. "A Tail-Payoff Puzzle in Dynamic Pollution Control," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 11(1), pages 1-30, May.
  47. Kohei Kamaga & Takashi Kojima, 2010. "On the leximin and utilitarian overtaking criteria with extended anonymity," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 35(3), pages 377-392, September.
  48. Henrik Petri, 2019. "Asymptotic properties of welfare relations," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 67(4), pages 853-874, June.
  49. Kamaga, Kohei & 釜賀, 浩平 & カマガ, コウヘイ & Kojima, Takashi & コジマ, タカシ, 2008. "Q-anonymous social welfare relations on infinite utility streams," PIE/CIS Discussion Paper 391, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
  50. Han Bleichrodt & Umut Keskin & Kirsten I. M. Rohde & Vitalie Spinu & Peter Wakker, 2015. "Discounted Utility and Present Value—A Close Relation," Operations Research, INFORMS, vol. 63(6), pages 1420-1430, December.
  51. Ram Dubey & Tapan Mitra, 2013. "On the nature of Suppes–Sen maximal paths in an aggregative growth model," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 40(1), pages 173-205, January.
  52. Kaushik Basu, 2016. "Beyond the Invisible Hand: Groundwork for a New Economics," Economics Books, Princeton University Press, edition 1, number 9299.
  53. Kohei Kamaga, 2016. "Infinite-horizon social evaluation with variable population size," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 47(1), pages 207-232, June.
  54. Mariotti, Marco & Veneziani, Roberto, 2012. "Allocating chances of success in finite and infinite societies: The utilitarian criterion," Journal of Mathematical Economics, Elsevier, vol. 48(4), pages 226-236.
  55. Susumu Cato, 2009. "Characterizing the Nash social welfare relation for infinite utility streams: a note," Economics Bulletin, AccessEcon, vol. 29(3), pages 2372-2379.
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