|
| |
| Susumu Cato |
| |
| ''Characterizing the Nash social welfare relation for infinite utility streams: a note'' |
| ( 2009, Vol. 29 No.3 ) |
| |
| |
| This note provides an axiomatic analysis of a social welfare ordering over infinite utility streams. We offer two characterizations of an infinite-horizon version of the Nash criterion. |
| |
| |
| Keywords: Infinite generations, intergenerational equity, the Nash criterion |
JEL: D6 - Welfare Economics: General
D7 - Analysis of Collective Decision-Making: General |
| |
| Manuscript Received : Mar 26 2008 | | Manuscript Accepted : Sep 18 2009 |
|
