Constraints and the Measurement of Freedom of Choice |
| |
| Authors: | Bavetta Sebastiano Del Seta Marco |
| |
| Affiliation: | (1) Istituto di Scienze Finanziarie, Università di Palermo and CPNSS, London School of Economics, Tymes Court Building, Houghton Sheet, London, WC2A 2AE, UK |
| |
| Abstract: | This paper introduces considerations about constraints in the construction of measures of an agent's freedom. It starts with motivating the exercise from both the philosophical and the informational point of view. Then it presents two rankings of opportunity sets based on information about the extent of options and the constraints that a decision maker faces. The first ranking measures freedom as variety of choice; the second as non-restrictedness in choice. |
| |
| Keywords: | Measures of liberty Freedom of choice Constraints Non-welfaristic foundations of normative economics Social choice theory |
| 本文献已被 SpringerLink 等数据库收录！ |
