Published in
mimeo CORE, Université catholique de Louvain, and Department of Economics, University of Oslo, October 2010
Abstract
Various extensions of the leximin order to the infinite dimensional setting have been suggested. They relax completeness and strong anonymity. Instead, by removing sensitivity to generations at infinite rank this paper defines a complete and strongly anonymous leximin relation on infinite streams. The order is axiomated, and it is shown to be the limit of extended rank-discounted utilitarianism for any utility function, as the discount factor approaches zero.