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Additively-separable and rank-discounted variable-population social welfare functions: A characterization.

Authors :
Spears D
Stefánsson HO
Source :
Economics letters [Econ Lett] 2021 Jun; Vol. 203. Date of Electronic Publication: 2021 Apr 20.
Publication Year :
2021

Abstract

Economic policy evaluations require social welfare functions for variable-size populations. Two important candidates are critical-level generalized utilitarianism (CLGU) and rank-discounted critical-level generalized utilitarianism, which was recently characterized by Asheim and Zuber (2014) (AZ). AZ introduce a novel axiom, existence of egalitarian equivalence (EEE). First, we show that, under some uncontroversial criteria for a plausible social welfare relation, EEE suffices to rule out the Repugnant Conclusion of population ethics (without AZ's other novel axioms). Second, we provide a new characterization of CLGU: AZ's set of axioms is equivalent to CLGU when EEE is replaced by the axiom same-number independence.

Details

Language :
English
ISSN :
0165-1765
Volume :
203
Database :
MEDLINE
Journal :
Economics letters
Publication Type :
Academic Journal
Accession number :
34012184
Full Text :
https://doi.org/10.1016/j.econlet.2021.109870