Estevan Muguerza, Asier

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Estevan Muguerza

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Asier

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Estadística, Informática y Matemáticas

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INARBE. Institute for Advanced Research in Business and Economics

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  • PublicationOpen Access
    Quasi-metrics for possibility results: intergenerational preferences and continuity
    (MDPI, 2023) Estevan Muguerza, Asier; Maura, Roberto; Valero, Óscar; Estadística, Informática y Matemáticas; Estatistika, Informatika eta Matematika; Institute for Advanced Research in Business and Economics - INARBE; Universidad Pública de Navarra / Nafarroako Unibertsitate Publikoa JIUPNA19-2022
    In this paper, we provide the counterparts of a few celebrated impossibility theorems for continuous social intergenerational preferences according to P. Diamond, L.G. Svensson and T. Sakai. In particular, we give a topology that must be refined for continuous preferences to satisfy anonymity and strong monotonicity. Furthermore, we suggest quasi-pseudo-metrics as an appropriate quantitative tool for reconciling topology and social intergenerational preferences. Thus, we develop a metric-type method which is able to guarantee the possibility counterparts of the aforesaid impossibility theorems and, in addition, it is able to give numerical quantifications of the improvement of welfare. Finally, a refinement of the previous method is presented in such a way that metrics are involved.