Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/122145 
Erscheinungsjahr: 
2014
Schriftenreihe/Nr.: 
SSE/EFI Working Paper Series in Economics and Finance No. 747
Verlag: 
Stockholm School of Economics, The Economic Research Institute (EFI), Stockholm
Zusammenfassung: 
This paper provides axiomatic descriptions of social welfare relations, defined on infinite streams of utility, that are consistent with the utilitarian criterion on subsets where maximizing aggregate utility has a clear interpretation: the streams, or their differences, are summable. Besides standard assumptions on efficiency, equity and interpersonal comparability, two axioms are introduced and shown to be necessary and sufficient. A more general version of one axiom suffices to distinguish streams with different long-run averages.
Schlagwörter: 
intergenerational equity
aggregating infinite utility streams
ethical social welfare relations
JEL: 
D63
D70
D90
Dokumentart: 
Working Paper

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