An axiomatic approach to ''preference for freedom of choice''
成果类型：
Article
署名作者：
Puppe, C
刊物名称：
JOURNAL OF ECONOMIC THEORY
ISSN/ISSBN：
0022-0531
DOI：
10.1006/jeth.1996.0009
发表日期：
1996
页码：
174-199
关键词：
摘要：
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. Furthermore, a link is established between the notion of ''preference for freedom'' and Kreps' concept of ''preference for flexibility.'' (C) 1996 Academic Press, Inc.
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