A characterization and an impossibility of finite length anonymity for infinite generations
In the context of ranking infinite utility streams, the impartiality axiom of finite length anonymity requires the equal ranking of any two utility streams that are equal up to a finite length permutation (Fleurbaey and Michel, 2003). We first characterize any finite length permutation as a composition of a fixed step permutation and an "almost" fixed step permutation. We then show that if a binary relation satisfies finite length anonymity, then it violates all the distributional axioms that are based on a segment-wise comparison. Examples of those axioms include the weak Pareto principle and the weak Pigou-Dalton principle.
Year of publication: |
2010
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Authors: | Sakai, Toyotaka |
Published in: |
Journal of Mathematical Economics. - Elsevier, ISSN 0304-4068. - Vol. 46.2010, 5, p. 877-883
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Publisher: |
Elsevier |
Keywords: | Intergenerational equity Finite length anonymity Infinite dimension Diamond' s impossibility theorem Social choice |
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