arXiv
Open Access
2020
On the Representation and Construction of Equitable Social Welfare Orders
Ram Sewak Dubey
Giorgio Laguzzi
Francesco Ruscitti
Abstrak
This paper examines the representation and explicit description of social welfare orders on infinite utility streams. It is assumed that the social welfare orders under investigation satisfy upper asymptotic Pareto and anonymity axioms. We prove that there exists no real-valued representation of such social welfare orders. In addition, we establish that the existence of a social welfare order satisfying the anonymity and upper asymptotic Pareto axioms implies the existence of a non-Ramsey set, which is a non-constructive object. Thus, we conclude that the social welfare orders under study do not admit explicit description.
Topik & Kata Kunci
Penulis (3)
R
Ram Sewak Dubey
G
Giorgio Laguzzi
F
Francesco Ruscitti
Akses Cepat
Informasi Jurnal
- Tahun Terbit
- 2020
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- en
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- arXiv
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- Open Access ✓