Maximisation and the Act of Choice

Amartya Sen

Working Papers from Banca Italia - Servizio di Studi

Abstract: The act of choosing can influence maximizing behaviour for at least two distinct reasons: 1) process significance and 2) decisional inescapability. The constructive programme of the paper is combined with critical appraisal of the implications of these concerns for rational decisions about actions and strategies, and their relevance for empirical studies of economic, social and political behaviour.

Keywords: ITALY; HOUSEHOLD; INFORMATION (search for similar items in EconPapers)
JEL-codes: D10 D11 D12 D80 D81 (search for similar items in EconPapers)
Pages: 62 pages
Date: 1996
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Citations: View citations in EconPapers (3)

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Related works:
Journal Article: Maximization and the Act of Choice (1997)
Working Paper: Maximization and the Act of Choice (1996)
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