How to Avoid Both the Repugnant and Sadistic Conclusions without Dropping Standard Axioms in Population Economics

This study investigates possibility and impossibility results of the repugnant and sadistic conclusions in population ethics and economics. The repugnant conclusion says that an enormous population with very low well-being is socially better than any smaller population with sufficiently high well-being. The sadistic conclusion says that adding individuals with negative well-being to a society is socially better than adding individuals with positive well-being to it. Previous studies have often f...