Document Type
Preprint
Publication Date
5-1-2021
Journal / Book Title
Mathematical Social Sciences
Abstract
We study the nature (constructive versus non-constructive) and the issue of real-valued representability of social welfare orders, on the set of infinite utility streams, satisfying the anonymity and asymptotic density-one Pareto axioms. We characterize the existence of representable and constructive social welfare orders (fulfilling the aforementioned axioms) in terms of easily verifiable conditions on the feasible set of one-period utilities, denoted by Y⊂R: a social welfare order satisfying anonymity and asymptotic density-one Pareto is representable and admits explicit description if and only if Y contains finitely many elements.
DOI
10.1016/j.mathsocsci.2021.03.002
MSU Digital Commons Citation
Dubey, Ram Sewak; Laguzzi, Giorgio; and Ruscitti, Francesco, "On social welfare orders satisfying anonymity and asymptotic density-one Pareto" (2021). Department of Economics Faculty Scholarship and Creative Works. 100.
https://digitalcommons.montclair.edu/economics-facpubs/100