Opportunity sets and individual well-being
AbstractAn opportunity set ranking rule assigns an ordering of opportunity sets to each individual utility function (defined on the universal set of alternatives) within the domain of this rule. Using an axiomatic approach, this paper characterizes a general class of opportunity set ranking rules which are based on the utilities associated with the elements of an opportunity set. It is argued that the addition of an alternative to a given opportunity set is not necessarily desirable in terms of overall well-being, and this position is reflected in replacing a commonly used monotonicity axiom with an alternative condition.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Springer in its journal Social Choice and Welfare.
Volume (Year): 14 (1996)
Issue (Month): 1 ()
Note: Received: 15 May 1995/Accepted: 14 December 1995
Contact details of provider:
Web page: http://link.springer.de/link/service/journals/00355/index.htm
Other versions of this item:
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- E. Ooghe & E. Schokkaert & D. Van De Gaer, 2004.
"Equality of opportunity versus equality of opportunity sets,"
Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium
04/240, Ghent University, Faculty of Economics and Business Administration.
- Erwin Ooghe & Erik Schokkaert & Dirk gaer, 2007. "Equality of Opportunity versus Equality of Opportunity Sets," Social Choice and Welfare, Springer, vol. 28(2), pages 209-230, February.
- OOGHE, Erwin & SCHOKKAERT, Erik & VAN DE GAER, Dirk, . "Equality of opportunity versus equality of opportunity sets," CORE Discussion Papers RP -1960, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Erwin Ooghe & Erik Schokkaert & Dirk Van de Gaer, 2003. "Equality of opportunity versus equality of opportunity sets," Public Economics Working Paper Series wpeoeos, Katholieke Universiteit Leuven, Centrum voor Economische Studiën, Working Group Public Economics.
- Ricardo Arlegi & Dinko Dimitrov, 2006. "On Freedom of Choice, Ambiguity, and the Preference for Easy Choices," Documentos de Trabajo - Lan Gaiak Departamento de EconomÃa - Universidad PÃºblica de Navarra 0607, Departamento de Economía - Universidad Pública de Navarra.
- Ritxar Arlegi & Dinko Dimitrov, 2004.
"On Procedural Freedom of Choice,"
Documentos de Trabajo - Lan Gaiak Departamento de EconomÃa - Universidad PÃºblica de Navarra
0401, Departamento de Economía - Universidad Pública de Navarra.
- Nicolas Gravel & Sebastian Bervoets, 2004.
"Appraising Diversity with an Ordinal Notion of Similarity: An Axiomatic Approach,"
2004.45, Fondazione Eni Enrico Mattei.
- Bervoets, Sebastian & Gravel, Nicolas, 2007. "Appraising diversity with an ordinal notion of similarity: An axiomatic approach," Mathematical Social Sciences, Elsevier, vol. 53(3), pages 259-273, May.
- Sebastian Bervoets & Nicolas Gravel, 2003. "Appraising diversity with an ordinal notion of similarity: an Axiomatic approach," IDEP Working Papers 0308, Institut d'economie publique (IDEP), Marseille, France.
- Herrero, Carmen, 1997. "Equitable opportunities: an extension," Economics Letters, Elsevier, vol. 55(1), pages 91-95, August.
- Antoinette Baujard, 2006.
"Conceptions of freedom and ranking opportunity sets. A typology,"
Economics Working Paper Archive (University of Rennes 1 & University of Caen)
200611, Center for Research in Economics and Management (CREM), University of Rennes 1, University of Caen and CNRS.
- Antoinette Baujard, 2007. "Conceptions of freedom and ranking opportunity sets. A typology," Post-Print halshs-00294466, HAL.
- BARBERA, Salvador & BOSSERT, Walter & PATTANAIK, Prasanta K., 2001.
"Ranking Sets of Objects,"
Cahiers de recherche
2001-02, Universite de Montreal, Departement de sciences economiques.
- Ricardo Arlegi, 2005. "Freedom Of Choice And Conflict Resolution," Documentos de Trabajo - Lan Gaiak Departamento de EconomÃa - Universidad PÃºblica de Navarra 0502, Departamento de Economía - Universidad Pública de Navarra.
- Ritxar Arlegi & Dinko Dimitrov, 2005. "On freedom, lack of information and the preference for easy choices," Working Papers 364, Bielefeld University, Center for Mathematical Economics.
- Walter Bossert, . "Opportunity Sets and the Measurement of Information," Discussion Papers 98/6, University of Nottingham, School of Economics.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Guenther Eichhorn) or (Christopher F Baum).
If references are entirely missing, you can add them using this form.