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- W1992350182 abstract "The paper considers utility functinals which embody nonpaternalistic intergenerational altruism so that each generation's utility level depends not only on its own consumption but also on other (possibly infinitely many) generations' utility levels. Two concepts of utility functionals are proposed; they are based on the supposition either that people regard dead ancestors' utility levels as givens or that, in evaluating present and future consumptions, people consider how the ancestors would respond if they were alive. Unique existence of such functionals is proved and some properties analyzed under a condition which basically says that the degrees of altruism are not excessive." @default.
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- W1992350182 date "1992-04-01" @default.
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- W1992350182 title "Utility functionals with nonpaternalistic intergenerational altruism: The case where altruism extends to many generations" @default.
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- W1992350182 doi "https://doi.org/10.1016/0022-0531(92)90092-v" @default.
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