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- W1822403275 abstract "The paper addresses intergenerational and intragenerational equity in an overlapping generation economy. We aim at defining an egalitarian distribution of a constant stream of resources, relying on ordinal non-comparable information on individual preferences. We establish the impossibility of efficiently distributing resources while treating equally agents with same preferences that belong to possibly different generations. We thus propose an egalitarian criterion based on the equal-split guarantee: this requires all agents to find their assigned consumption bundle at least as desirable as the equal division of resources." @default.
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- W1822403275 date "2014-10-08" @default.
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- W1822403275 title "Equity and efficiency in an overlapping generation model" @default.
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- W1822403275 doi "https://doi.org/10.1007/s00355-014-0848-1" @default.
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