Do all constructive strongly monotone inter-temporal orders exhibit impatience?
In this paper we show that if a strongly monotone inter-temporal order exhibits no preference towards the advancement of timing of future utility on any infinite utility stream, then the existence of such an order must involve some non-constructive device.
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| Veröffentlicht in: | Journal of mathematical economics 2014-05, Vol.52, p.66-69 |
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| container_end_page | 69 |
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| container_start_page | 66 |
| container_title | Journal of mathematical economics |
| container_volume | 52 |
| creator | Banerjee, Kuntal Dubey, Ram Sewak |
| description | In this paper we show that if a strongly monotone inter-temporal order exhibits no preference towards the advancement of timing of future utility on any infinite utility stream, then the existence of such an order must involve some non-constructive device. |
| doi_str_mv | 10.1016/j.jmateco.2014.03.009 |
| format | Article |
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| ispartof | Journal of mathematical economics, 2014-05, Vol.52, p.66-69 |
| issn | 0304-4068 1873-1538 |
| language | eng |
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| source | Elsevier ScienceDirect Journals |
| subjects | Economic theory Impatience condition Mathematical economics Non-constructive set Non-Ramsey set Preferences Real-valued representation Strong pareto Studies Timing issues Utility functions |
| title | Do all constructive strongly monotone inter-temporal orders exhibit impatience? |
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