Ordering infinite utility streams: Efficiency, continuity, and no impatience

[EN]We study two related versions of the no-impatience postulate in the context of transitive and reflexive relations on infinite utility streams which are not necessarily complete. Both are excluded by the traditional (weak) anonymity axiom. We show explicit social welfare relations satisfying Stro...

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Detalles Bibliográficos
Autores: Alcantud, José Carlos R., Dubey, Ram Sewak
Tipo de recurso: artículo
Fecha de publicación:2014
País:España
Institución:Universidad de Salamanca (USAL)
Repositorio:GREDOS. Repositorio Institucional de la Universidad de Salamanca
OAI Identifier:oai:gredos.usal.es:10366/127276
Acceso en línea:http://hdl.handle.net/10366/127276
Access Level:acceso embargado
Palabra clave:Relaciones de bienestar social
Cadenas de utilidades infinitas
Representación por multi-utilidad
No impaciencia
Continuous social welfare relation
Infinite utility streamsm
Multi-utility representation
No impatience
Richter-Peleg representation
5307.15 Teoría microeconómica
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repository_id_str
spelling Ordering infinite utility streams: Efficiency, continuity, and no impatienceAlcantud, José Carlos R.Dubey, Ram SewakRelaciones de bienestar socialCadenas de utilidades infinitasRepresentación por multi-utilidadNo impacienciaContinuous social welfare relationInfinite utility streamsmMulti-utility representationNo impatienceRichter-Peleg representation5307.15 Teoría microeconómica[EN]We study two related versions of the no-impatience postulate in the context of transitive and reflexive relations on infinite utility streams which are not necessarily complete. Both are excluded by the traditional (weak) anonymity axiom. We show explicit social welfare relations satisfying Strong Pareto and the weaker version of no-impatience that are compatible with continuity in all the traditional topologies in this field. However the stronger version of no-impatience is violated by all lower semicontinuous (in the sup or Campbell topologies) social welfare relations satisfying the Weak Pareto axiom.201620162014info:eu-repo/semantics/articlehttp://hdl.handle.net/10366/127276reponame:GREDOS. Repositorio Institucional de la Universidad de Salamancainstname:Universidad de Salamanca (USAL)InglésECO2012-31933Attribution-NonCommercial-NoDerivs 3.0 Unportedhttps://creativecommons.org/licenses/by-nc-nd/3.0/info:eu-repo/semantics/embargoedAccessoai:gredos.usal.es:10366/1272762026-06-07T06:28:51Z
dc.title.none.fl_str_mv Ordering infinite utility streams: Efficiency, continuity, and no impatience
title Ordering infinite utility streams: Efficiency, continuity, and no impatience
spellingShingle Ordering infinite utility streams: Efficiency, continuity, and no impatience
Alcantud, José Carlos R.
Relaciones de bienestar social
Cadenas de utilidades infinitas
Representación por multi-utilidad
No impaciencia
Continuous social welfare relation
Infinite utility streamsm
Multi-utility representation
No impatience
Richter-Peleg representation
5307.15 Teoría microeconómica
title_short Ordering infinite utility streams: Efficiency, continuity, and no impatience
title_full Ordering infinite utility streams: Efficiency, continuity, and no impatience
title_fullStr Ordering infinite utility streams: Efficiency, continuity, and no impatience
title_full_unstemmed Ordering infinite utility streams: Efficiency, continuity, and no impatience
title_sort Ordering infinite utility streams: Efficiency, continuity, and no impatience
dc.creator.none.fl_str_mv Alcantud, José Carlos R.
Dubey, Ram Sewak
author Alcantud, José Carlos R.
author_facet Alcantud, José Carlos R.
Dubey, Ram Sewak
author_role author
author2 Dubey, Ram Sewak
author2_role author
dc.subject.none.fl_str_mv Relaciones de bienestar social
Cadenas de utilidades infinitas
Representación por multi-utilidad
No impaciencia
Continuous social welfare relation
Infinite utility streamsm
Multi-utility representation
No impatience
Richter-Peleg representation
5307.15 Teoría microeconómica
topic Relaciones de bienestar social
Cadenas de utilidades infinitas
Representación por multi-utilidad
No impaciencia
Continuous social welfare relation
Infinite utility streamsm
Multi-utility representation
No impatience
Richter-Peleg representation
5307.15 Teoría microeconómica
description [EN]We study two related versions of the no-impatience postulate in the context of transitive and reflexive relations on infinite utility streams which are not necessarily complete. Both are excluded by the traditional (weak) anonymity axiom. We show explicit social welfare relations satisfying Strong Pareto and the weaker version of no-impatience that are compatible with continuity in all the traditional topologies in this field. However the stronger version of no-impatience is violated by all lower semicontinuous (in the sup or Campbell topologies) social welfare relations satisfying the Weak Pareto axiom.
publishDate 2014
dc.date.none.fl_str_mv 2014
2016
2016
dc.type.none.fl_str_mv info:eu-repo/semantics/article
format article
dc.identifier.none.fl_str_mv http://hdl.handle.net/10366/127276
url http://hdl.handle.net/10366/127276
dc.language.none.fl_str_mv Inglés
language_invalid_str_mv Inglés
dc.relation.none.fl_str_mv ECO2012-31933
dc.rights.none.fl_str_mv Attribution-NonCommercial-NoDerivs 3.0 Unported
https://creativecommons.org/licenses/by-nc-nd/3.0/
info:eu-repo/semantics/embargoedAccess
rights_invalid_str_mv Attribution-NonCommercial-NoDerivs 3.0 Unported
https://creativecommons.org/licenses/by-nc-nd/3.0/
eu_rights_str_mv embargoedAccess
dc.source.none.fl_str_mv reponame:GREDOS. Repositorio Institucional de la Universidad de Salamanca
instname:Universidad de Salamanca (USAL)
instname_str Universidad de Salamanca (USAL)
reponame_str GREDOS. Repositorio Institucional de la Universidad de Salamanca
collection GREDOS. Repositorio Institucional de la Universidad de Salamanca
repository.name.fl_str_mv
repository.mail.fl_str_mv
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