On Ranking Opportunity Sets in Terms of Freedom of Choice

Prasanta K. Pattanaik and Yongsheng Xu
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Prasanta K. Pattanaik: University of Birmingham

No 1990036, Discussion Papers (REL - Recherches Economiques de Louvain) from Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES)

Abstract: 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.

Pages: 8
Date: 1990-09-01
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Citations: View citations in EconPapers (186)

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