聚合无限效用流与代际公平:帕累托原则的不可能性

Aggregating Infinite Utility Streams with InterGenerational Equity: The Impossibility of Being Paretian

Econometrica · 2003
被引 193
人大 A+FT50ABS 4*

中文导读

证明,在聚合无限效用流时,即使不要求连续性公理,也不存在同时满足帕累托和代际公平的社会福利函数,且该结论适用于更广泛的效用域。

Abstract

It has been known that, in aggregating infinite utility streams, there does not exist any social welfare function, which satisfies the axioms of Pareto, intergenerational equity, and continuity. We show that the impossibility result persists even without imposing the continuity axiom, and in frameworks allowing for more general domains of utilities than those used in the existing literature.

无限效用流代际公平帕累托原则不可能性定理