Quasi-metrics for possibility results: intergenerational preferences and continuity

In this paper, we provide the counterparts of a few celebrated impossibility theorems for continuous social intergenerational preferences according to P. Diamond, L.G. Svensson and T. Sakai. In particular, we give a topology that must be refined for continuous preferences to satisfy anonymity and st...

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Detalles Bibliográficos
Autores: Estevan Muguerza, Asier, Maura, Roberto, Valero, Óscar
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2023
País:España
Institución:Universidad San Jorge (USJ)
Repositorio:Academica-e. Repositorio Institucional de la Universidad Pública de Navarra
OAI Identifier:oai:academica-e.unavarra.es:2454/45203
Acceso en línea:https://hdl.handle.net/2454/45203
Access Level:acceso abierto
Palabra clave:Quasi-pseudo-metrics
Pareto
Anonymity
Distributive fairness semiconvexity
Social welfare (pre)orders
Possibility result
Descripción
Sumario:In this paper, we provide the counterparts of a few celebrated impossibility theorems for continuous social intergenerational preferences according to P. Diamond, L.G. Svensson and T. Sakai. In particular, we give a topology that must be refined for continuous preferences to satisfy anonymity and strong monotonicity. Furthermore, we suggest quasi-pseudo-metrics as an appropriate quantitative tool for reconciling topology and social intergenerational preferences. Thus, we develop a metric-type method which is able to guarantee the possibility counterparts of the aforesaid impossibility theorems and, in addition, it is able to give numerical quantifications of the improvement of welfare. Finally, a refinement of the previous method is presented in such a way that metrics are involved.