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Generalized time-invariant overtaking

Working paper
Author/s: 
Geir B. Asheim, Claude D'Aspremont and Kuntal Banerjee
Issue number: 
2008/65
Publisher: 
CORE
Year: 
2008
PDF [1]
We present a new version of the overtaking criterion, which we call generalized time-invariant overtaking. The generalized time-invariant overtaking criterion (on the space of infinite utility streams) is defined by extending proliferating sequences of complete and transitive binary relations defined on finite dimensional spaces. The paper presents a general approach that can be specialized to at least two, extensively researched examples, the utilitarian and the leximin orderings on a finite dimensional Euclidean space.
Tags: 
Social Choice [2]

Source URL:http://coalitiontheory.net/content/generalized-time-invariant-overtaking

Links
[1] http://www.uclouvain.be/cps/ucl/doc/core/documents/coredp2008_65.pdf [2] http://coalitiontheory.net/research-areas/social-choice