Opportunity sets and individual well-being

Walter Bossert

Social Choice and Welfare, 1996, vol. 14, issue 1, 97-112

Abstract: An opportunity set ranking rule assigns an ordering of opportunity sets to each individual utility function (defined on the universal set of alternatives) within the domain of this rule. Using an axiomatic approach, this paper characterizes a general class of opportunity set ranking rules which are based on the utilities associated with the elements of an opportunity set. It is argued that the addition of an alternative to a given opportunity set is not necessarily desirable in terms of overall well-being, and this position is reflected in replacing a commonly used monotonicity axiom with an alternative condition.

Date: 1996
Note: Received: 15 May 1995/Accepted: 14 December 1995
References: Add references at CitEc
Citations: View citations in EconPapers (13)

Downloads: (external link)
http://link.springer.de/link/service/journals/00355/papers/6014001/60140097.pdf (application/pdf)
http://link.springer.de/link/service/journals/0035 ... 14001/60140097.ps.gz (application/postscript)
Access to the full text of the articles in this series is restricted

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sochwe:v:14:y:1996:i:1:p:97-112

Ordering information: This journal article can be ordered from
http://www.springer. ... c+theory/journal/355

Access Statistics for this article

Social Choice and Welfare is currently edited by Bhaskar Dutta, Marc Fleurbaey, Elizabeth Maggie Penn and Clemens Puppe

More articles in Social Choice and Welfare from Springer, The Society for Social Choice and Welfare Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().