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- W2023650949 abstract "This paper considers choice rules that prescribe intergenerational consumption programs in an infinite horizon setting. An axiomatization is provided for utilitarian and egalitarian rules on a specific and concrete class of choice sets. The axiomatization provides new perpective on the relationship between the utilitarian and egalitarian rules and points out some trade-offs between norms that are inherent in the choice of a consumption rule. Finally, the analysis is extended to provide an axiomatization of the egalitarian rule for a broad class of choice sets." @default.
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- W2023650949 date "1986-04-01" @default.
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- W2023650949 title "Intergenerational consumption rules: An axiomatization of utilitarianism and egalitarianism" @default.
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- W2023650949 doi "https://doi.org/10.1016/0022-0531(86)90119-5" @default.
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