Strict Comparisons of Infinite Utility Streams
Theoretical Economics
2025-07-29 v1
Abstract
There exists a preference relation on infinite utility streams that does not discriminate between different periods, satisfies the Pareto criterion, and so that almost all pairs of utility streams are strictly comparable. Such a preference relation provides a counterexample to a claim in [Zame, William R. ``Can intergenerational equity be operationalized?'' Theoretical Economics 2.2 (2007): 187-202.]
Keywords
Cite
@article{arxiv.2507.20567,
title = {Strict Comparisons of Infinite Utility Streams},
author = {Michael Greinecker and Michael Nielsen},
journal= {arXiv preprint arXiv:2507.20567},
year = {2025}
}