A complete and strongly anonymous leximin relation on infinite streams

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.

By Geir B. Asheim and Stephane Zuber
Published Mar. 23, 2015 11:20 AM - Last modified Oct. 6, 2020 11:00 AM