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Interdependent Utility Functions in an Intergenerational Context

http://hdl.handle.net/10252/4271
http://hdl.handle.net/10252/4271
e57c32c3-c1de-42e0-a37c-33670d925a99
名前 / ファイル ライセンス アクション
DP_88.PDF DP_88.PDF (809.2 kB)
Item type テクニカルレポート / Technical Report(1)
公開日 2010-07-28
タイトル
タイトル Interdependent Utility Functions in an Intergenerational Context
言語 en
言語
言語 eng
資源タイプ
資源タイプ識別子 http://purl.org/coar/resource_type/c_18gh
資源タイプ technical report
著者 Shinotsuka, Tomoichi

× Shinotsuka, Tomoichi

WEKO 7825

en Shinotsuka, Tomoichi

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著者別名
識別子Scheme WEKO
識別子 7826
姓名 篠塚, 友一
言語 ja
bibliographic_information en : Discussion paper series

巻 88, p. 1-10, 発行日 2002-05
出版者
出版者 小樽商科大学ビジネス創造センター
言語 ja
出版タイプ
出版タイプ VoR
出版タイプResource http://purl.org/coar/version/c_970fb48d4fbd8a85
日本十進分類法
言語 ja
主題Scheme NDC
主題 331.19
NIIサブジェクト
言語 ja
主題Scheme Other
主題 経済学
抄録
内容記述タイプ Abstract
内容記述 Since Ray (1987) posed a question of representing nonpaternalistic functions (namely aggregators) in paternalistic form, Bergstrom (1999) identified sufficient conditions for a given list of linear aggregators to possess a unique list of utility functions (over consumption allocations) as the representations of the aggregators. Hori (2001) considered the representation problem for the case of a finite number of agents with possibly nonlinear aggregators. The model in this paper is a natural extension of Hori's (2001) to the case of countably many generations. As in Hori (2001), the aggregators in this paper may differ across generations and depend possibly on the utility levels of all other generations. We discuss two approaches to deal with infinite horizon. The first one explores monotonicity structures inherent in nonpaternalistic altruism. By means of lattice-theoretic arguments alone, we establish the existence of representations of nonpaternalistic functions in paternalistic form. A somewhat surprising feature of the lattice-theoretic approach is that the existence result is obtained without requiring that the degree of altruism is "small". The second approach uses the requirement of small degree of altruism in terms of "uniformly small Fréche derivative" (with respect to the utility level of other generations). We regard this approach as a natural extension of Hori's (2001) as we see later. Along the way, we discuss the case of linear aggregators. Our treatment in this paper is a little different from Bergstrom (1999) in that we view the infinite matrix as a representation of a continuous linear operator on 1∞.
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Shinotsuka, Tomoichi, 2002, Interdependent Utility Functions in an Intergenerational Context: 小樽商科大学ビジネス創造センター, 1–10 p.

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