Do all constructive strongly monotone inter-temporal orders exhibit impatience?

Kuntal Banerjee, Ram Dubey

Research output: Contribution to journalArticle

3 Scopus citations

Abstract

In this paper we show that if a strongly monotone inter-temporal order exhibits no preference towards the advancement of timing of future utility on any infinite utility stream, then the existence of such an order must involve some non-constructive device.

Original languageEnglish
Pages (from-to)66-69
Number of pages4
JournalJournal of Mathematical Economics
Volume52
DOIs
Publication statusPublished - 1 Jan 2014

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Keywords

  • Impatience condition
  • Non-Ramsey set
  • Non-constructive set
  • Real-valued representation
  • Strong pareto

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