Stable and unstable choices

Anders Herlitz

Economics and Philosophy, 2020, vol. 36, issue 1, 113-125

Abstract: This paper introduces a condition for rational choice that states that accepting decision methods and normative theories that sometimes entail that the act of choosing a maximal alternative renders this alternative non-maximal is irrational. The paper illustrates how certain distributive theories that ascribe importance to what the status quo is violate this condition and argues that they thereby should be rejected.

Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:cup:ecnphi:v:36:y:2020:i:1:p:113-125_6

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