Climate policies have stochastic consequences that involve a great number of generations. This calls for evaluating social risk (what kind of societies will future people be born into) rather than individual risk (what will happen to people during their own lifetimes). As a response we propose...

This paper examines how to satisfy “independence of the utilities of the dead” (Blackorby et al. in Econometrica 63:1303–1320, <CitationRef CitationID="CR4">1995</CitationRef>; Bommier and Zuber in Soc Choice Welf 31:415–434, <CitationRef CitationID="CR5">2008</CitationRef>) in the class of “expected equally distributed equivalent” social orderings (Fleurbaey in J Polit...</citationref></citationref>

How to evaluate and compare social prospects when there may be a risk on i) the actual allocation people will receive; ii) the existence of these future people; and iii) their preferences? This paper investigate this question that may arise when considering policies that endogenously affect future...