TY - JOUR
T1 - On construction of equitable social welfare orders on infinite utility streams
AU - Dubey, Ram Sewak
AU - Mitra, Tapan
PY - 2014/9
Y1 - 2014/9
N2 - This paper studies the nature of social welfare orders on infinite utility streams, satisfying the consequentialist equity principles known as Hammond Equity and the Pigou-Dalton transfer principle. The first result shows that every social welfare order satisfying Hammond Equity and the Strong Pareto axioms is non-constructive in nature for all non-trivial domains, Y. The second result shows that, when the domain set is Y = [0, 1], every social welfare order satisfying the Pigou-Dalton transfer principle is non-constructive in nature. Specifically, in both results, we show that the existence of the appropriate social welfare order entails the existence of a non-Ramsey set, a non-constructive object. The second result also provides an example of a social welfare order which can be represented, but which cannot be constructed.
AB - This paper studies the nature of social welfare orders on infinite utility streams, satisfying the consequentialist equity principles known as Hammond Equity and the Pigou-Dalton transfer principle. The first result shows that every social welfare order satisfying Hammond Equity and the Strong Pareto axioms is non-constructive in nature for all non-trivial domains, Y. The second result shows that, when the domain set is Y = [0, 1], every social welfare order satisfying the Pigou-Dalton transfer principle is non-constructive in nature. Specifically, in both results, we show that the existence of the appropriate social welfare order entails the existence of a non-Ramsey set, a non-constructive object. The second result also provides an example of a social welfare order which can be represented, but which cannot be constructed.
UR - http://www.scopus.com/inward/record.url?scp=84901350499&partnerID=8YFLogxK
U2 - 10.1016/j.mathsocsci.2014.04.003
DO - 10.1016/j.mathsocsci.2014.04.003
M3 - Article
AN - SCOPUS:84901350499
SN - 0165-4896
VL - 71
SP - 53
EP - 60
JO - Mathematical Social Sciences
JF - Mathematical Social Sciences
ER -