TY - JOUR
T1 - A characterization and an impossibility of finite length anonymity for infinite generations
AU - Sakai, Toyotaka
PY - 2010/9/20
Y1 - 2010/9/20
N2 - In the context of ranking infinite utility streams, the impartiality axiom of finite length anonymity requires the equal ranking of any two utility streams that are equal up to a finite length permutation (Fleurbaey and Michel, 2003). We first characterize any finite length permutation as a composition of a fixed step permutation and an "almost" fixed step permutation. We then show that if a binary relation satisfies finite length anonymity, then it violates all the distributional axioms that are based on a segment-wise comparison. Examples of those axioms include the weak Pareto principle and the weak Pigou-Dalton principle.
AB - In the context of ranking infinite utility streams, the impartiality axiom of finite length anonymity requires the equal ranking of any two utility streams that are equal up to a finite length permutation (Fleurbaey and Michel, 2003). We first characterize any finite length permutation as a composition of a fixed step permutation and an "almost" fixed step permutation. We then show that if a binary relation satisfies finite length anonymity, then it violates all the distributional axioms that are based on a segment-wise comparison. Examples of those axioms include the weak Pareto principle and the weak Pigou-Dalton principle.
KW - D63
KW - D71
KW - Diamond's impossibility theorem
KW - Finite length anonymity
KW - Infinite dimension
KW - Intergenerational equity
KW - Social choice
UR - http://www.scopus.com/inward/record.url?scp=78649629491&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=78649629491&partnerID=8YFLogxK
U2 - 10.1016/j.jmateco.2010.07.003
DO - 10.1016/j.jmateco.2010.07.003
M3 - Article
AN - SCOPUS:78649629491
SN - 0304-4068
VL - 46
SP - 877
EP - 883
JO - Journal of Mathematical Economics
JF - Journal of Mathematical Economics
IS - 5
ER -