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In this paper, we investigate the possibility of representing ethical intergenerational preferences using more than one utility function. It is shown that the impossibility of representing intergenerational preferences equitably persists in the multiutility frame work with some reasonable...
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It has been known that, in aggregating infinite utility streams, there does not exist any social welfare function, which satisfies the axioms of Pareto, inter-generational equity and continuity. We show that the impossibility result persists even without imposing the continuity axiom. Hence, the...
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