Do all constructive strongly monotone inter-temporal orders exhibit impatience?

Autor: Ram Sewak Dubey, Kuntal Banerjee
Rok vydání: 2014
Předmět:
Zdroj: Journal of Mathematical Economics. 52:66-69
ISSN: 0304-4068
DOI: 10.1016/j.jmateco.2014.03.009
Popis: 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.
Databáze: OpenAIRE