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arXiv · 2008.05879

On social welfare orders satisfying anonymity and asymptotic density-one Pareto

Ram Sewak Dubey·Giorgio Laguzzi·Francesco Ruscitti
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Abstract

We study the nature (i.e., constructive as opposed to non-constructive) of social welfare orders on infinite utility streams, and their representability by means of real-valued functions. We assume finite anonymity and introduce a new efficiency concept we refer to as asymptotic density-one Pareto. We characterize the existence of representable and constructive social welfare orders (satisfying the above properties) in terms of easily verifiable conditions on the feasible set of one-period utilities.

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Ram Sewak Dubey, Giorgio Laguzzi, Francesco Ruscitti. 2021-01-26. On social welfare orders satisfying anonymity and asymptotic density-one Pareto. https://arxiv.org/abs/2008.05879

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