On freedom, lack of information and the preference for easy choices

This paper is devoted to the study of opportunity sets comparisons when the sets may contain options whose characteristics are not completely known. We propose a suitable environment in which this problem can be approached, and provide axiomatic characterizations of several rules for ranking sets in such a context.

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Year of publication:	2005
Authors:	Arlegi, Ritxar ; Dimitrov, Dinko
Publisher:	Universität Bielefeld
Subject:	Freedom of choice \| Extended opportunity sets \| Lack of information \| Easy choices

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Type of publication:	Other
Language:	English
Source:	BASE

Persistent link: https://www.econbiz.de/10009452482