A note on social welfare orders satisfying Pigou-Dalton transfer principle

Ram Sewak Dubey

A note on social welfare orders satisfying Pigou-Dalton transfer principle

Ram Sewak Dubey

Economics

Research output: Contribution to journal › Article › peer-review

4 Scopus citations

Abstract

This paper studies the constructive nature of social welfare orders on infinite utility streams defined on X = Y^ℕ, satisfying the Pigou-Dalton transfer principle (PD), which are known to be representable (see Alcantud (2010) and Sakamoto (2012)). We describe the restrictions on domain Y for explicit representation or construction of the social welfare orders satisfying (i) PD and monotonicity; or (ii) PD only. We show that the restrictions on Y for either (a) construction; or (b) explicit representation of the social welfare orders are identical in both cases.

Original language	English
Journal	Hitotsubashi Journal of Economics
Volume	57
Issue number	2
State	Published - Dec 2016

Keywords

Construction
Correspondence principle
Non-Ramsey Set
Pigou-Dalton transfer principle
Representation
Social welfare orders

Cite this

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AB - This paper studies the constructive nature of social welfare orders on infinite utility streams defined on X = Yℕ, satisfying the Pigou-Dalton transfer principle (PD), which are known to be representable (see Alcantud (2010) and Sakamoto (2012)). We describe the restrictions on domain Y for explicit representation or construction of the social welfare orders satisfying (i) PD and monotonicity; or (ii) PD only. We show that the restrictions on Y for either (a) construction; or (b) explicit representation of the social welfare orders are identical in both cases.

KW - Construction

KW - Correspondence principle

KW - Non-Ramsey Set

KW - Pigou-Dalton transfer principle

KW - Representation

KW - Social welfare orders

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JO - Hitotsubashi Journal of Economics

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ER -

A note on social welfare orders satisfying Pigou-Dalton transfer principle

Abstract

Keywords

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