An axiomatic approach to intergenerational equity

Research output: Contribution to journalArticle

12 Citations (Scopus)

Abstract

We present a set of axioms in order to capture the concept of equity among an infinite number of generations. There are two ethical considerations: One is to treat every generation equally and the other is to respect distributive fairness among generations. We find two opposite results. In Theorem 1, we show that there exists a preference ordering satisfying anonymity, strong distributive fairness semiconvexity, and strong monotonicity. However, in Theorem 2, we show that there exists no binary relation satisfying anonymity, distributive fairness semiconvexity, and sup norm continuity. We also clarify logical relations between these axioms and non-dictatorship axioms.

Original languageEnglish
Pages (from-to)167-176
Number of pages10
JournalSocial Choice and Welfare
Volume20
Issue number1
DOIs
Publication statusPublished - 2003 Feb
Externally publishedYes

Fingerprint

fairness
equity
anonymity
preference ordering
respect
continuity
Axioms
Fairness
Intergenerational equity
Axiomatic approach
Anonymity
Continuity
Monotonicity
Binary relation
Logic
Equity

ASJC Scopus subject areas

  • Economics and Econometrics
  • Social Sciences (miscellaneous)

Cite this

An axiomatic approach to intergenerational equity. / Sakai, Toyotaka.

In: Social Choice and Welfare, Vol. 20, No. 1, 02.2003, p. 167-176.

Research output: Contribution to journalArticle

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