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Freedom Of Choice And Weighted Monotonicity Of Power

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  • José María Alonso‐Meijide
  • Manfred J. Holler

Abstract

The paper discusses the substitution of mergeability by the weighted monotonicity property in the definition of the Public Good Index. The cardinality of sets, implicit to the measurement of power, can thus be related to comparing sets and relations of counting and set inclusion. This allows for the application of results from the measurement of power to the specification of freedom of choice and thereby to connect the ‘world of agents’ with the ‘world of opportunities’. The relationship between weighted monotonicity and constrained monotonicity is specified.

Suggested Citation

  • José María Alonso‐Meijide & Manfred J. Holler, 2009. "Freedom Of Choice And Weighted Monotonicity Of Power," Metroeconomica, Wiley Blackwell, vol. 60(4), pages 571-583, November.
    • Handle: RePEc:bla:metroe:v:60:y:2009:i:4:p:571-583
    DOI: 10.1111/j.1467-999X.2008.00346.x
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    References listed on IDEAS

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