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A CHARACTERIZATION OF THE RAWLSIAN SOCIAL ORDERING OVER INFINITE UTILITY STREAMS
Author(s) -
Miyagishima Kaname
Publication year - 2015
Publication title -
bulletin of economic research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.227
H-Index - 29
eISSN - 1467-8586
pISSN - 0307-3378
DOI - 10.1111/boer.12044
Subject(s) - distributive property , distributive justice , equity (law) , mathematical economics , intergenerational equity , economics , characterization (materials science) , preference , microeconomics , social justice , mathematics , economic justice , law and economics , law , pure mathematics , political science , physics , ecology , optics , sustainability , biology
In this paper, we characterize a Rawlsian ordering over infinite utility streams using a fairness principle called Hammond Equity , as well as a weak efficiency principle, Sup Continuity , and a condition that links finite and infinite settings of distributive justice called Preference Continuity .