Will of the living dead — The case for a backward-looking welfare function
许多人关心自己去世后发生的事，本文证明一种向后看的福利函数（让逝者的偏好继续被考虑）能实现帕累托改进，并可作为代际博弈的子博弈完美均衡。
Many people have preferences over choices taking place after their lifetime. I show that a backward-looking welfare function, keeping preferences of the dead alive, is Pareto-improving and can be sustained as a subgame-perfect equilibrium of the intergenerational game.