On Ranking Opportunity Sets in Terms of Freedom of Choice
- 1 January 1990
- journal article
- research article
- Published by CAIRN.INFO in Recherches économiques de Louvain
- Vol. 56 (3-4) , 383-390
- https://doi.org/10.1017/s0770451800043955
Abstract
Summary: The paper explores the notion of freedom of choice which is of considerable importance in welfare economics and the theory of social choice. Three plausible axioms are introduced for ranking alternative opportunity sets in terms of the degrees of freedom that they offer to the agent making choices. It is shown that, under these axioms, judgements about degrees of freedom of choice have to be based on the naive principle of simply counting the number of available options.Keywords
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