Title of article
On the equity-efficiency trade off in aggregating infinite utility streams
Author/Authors
Kuntal Banerjee، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2006
Pages
5
From page
63
To page
67
Abstract
We compare two different approaches to aggregating infinite utility streams, following some principles of equity and efficiency. We find that the consequentialist equity axiom, Hammond Equity for the Future, is more demanding than its procedural equity counterpart, Anonymity.
Keywords
Weak Dominance axiom , Strong Pareto axiom , Hammond Equity for the Future , Social welfare function
Journal title
Economics Letters
Serial Year
2006
Journal title
Economics Letters
Record number
436044
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