Freedom of choice and rational decisions
Freedom of choice and rational decisions
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选择自由和理性决定
DOI:
10.1007/bf00179829
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发表时间:
1995
影响因子:
0.9
通讯作者:
C. Puppe
中科院分区:
文献类型:
--
作者:
C. Puppe
The paper formalizes a notion of preference-based freedom and examines to which extent such a notion is consistent with otherwise standard conditions of rational decision making. The central result is as follows. Suppose that a preference-based ranking of opportunity sets satisfies a very mild condition of “preference for freedom of choice”. Then, either the ranking is degenerate in being discontinuous, or the underlying preference relation among the basic alternatives is incomplete. Hence, in any case preference-based rankings of freedom will violate at least some of the basic assumptions of traditional choice modelling. This conclusion is enhanced if the conditions on preference-based freedom are slightly strengthened.