摘要:This paper investigates the properties of a new equity condition for infinite utility
streams. The condition, which was introduced in our companion paper Asheim and
Tungodden (2004b), is referred to as "Hammond Equity for the Future", and it captures
the following ethical intuition: A sacrifice by the present generation leading to a uniform
gain for all future generations cannot lead to a less desirable utility stream if the present
remains better off than the future.