Showing 1 - 10 of 23
Persistent link: https://www.econbiz.de/10003485319
Persistent link: https://www.econbiz.de/10003598215
Persistent link: https://www.econbiz.de/10003143987
Persistent link: https://www.econbiz.de/10003380153
Persistent link: https://www.econbiz.de/10010495177
Persistent link: https://www.econbiz.de/10009733414
We study order theoretic and topological implications for impatience of weakly Paretian, representable orders on infinite utility streams. As a departure from the traditional literature, we do not make any continuity assumptions in proving the existence of impatient points. Impatience is robust...
Persistent link: https://www.econbiz.de/10014170877
Persistent link: https://www.econbiz.de/10001794468
Persistent link: https://www.econbiz.de/10001672846
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...
Persistent link: https://www.econbiz.de/10014116781