search query: @author Puppe, C. / total: 3
reference: 3 / 3
« previous | next »
| Author: | Puppe, C. |
| Title: | An axiomatic approach to "preference for freedom of choice" |
| Journal: | Journal of Economic Theory
1996 : JAN, VOL. 68:1, p. 174-199 |
| Index terms: | ECONOMICS THEORIES PREFERENCES |
| Language: | eng |
| Abstract: | The paper axiomatically characterizes a notion of "freedom of choice". The central condition considered in this paper is the following. In every non-empty opportunity set there exists at least one alternative such that its exclusion would reduce an agent's freedom. It turns out that this condition induces a formal structure which is familiar from the theory of revealed preference. Under a somewhat different interpretation, some well-known rationality conditions are used to characterize models of freedom. |
« previous | next »
SCIMA