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Time consistency and time invariance in collective intertemporal choice

Research article

by Antony Millner

on 17 April, 2018

Recent work on collective intertemporal choice suggests that non-dictatorial social preferences are generically time inconsistent. We argue that this claim... Read more

Collective intertemporal choice: time consistency vs. time invariance

Working paper

by Antony Millner and Geoffrey Heal

on 14 December, 2015

We study collective choice when individuals have heterogeneous discounted utilitarian preferences. Two attractive properties of intertemporal preferences are indistinguishable for... Read more