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Freedom, Opportunity and Wellbeing

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  • James Foster

Abstract

This paper reexamines key results from the measurement of opportunity freedom, or the extent to which a set of options offers a decision maker real opportunities to achieve. Three cases are investigated: no preferences, a single preference, and plural preferences. The three co the cardinality relation, the indirect utility relation, and the effective freedom relation variations are considered within a common axiomatic framework. Special attention is given to representations of freedom rankings, with the goal of providing practical approaches for measuring opportunity freedom and the extent of capabilities.

Suggested Citation

  • James Foster, 2010. "Freedom, Opportunity and Wellbeing," OPHI Working Papers ophiwp035, Queen Elizabeth House, University of Oxford.
  • Handle: RePEc:qeh:ophiwp:ophiwp035
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    File URL: http://workingpapers.qeh.ox.ac.uk/pdf/ophiwp/OPHIWP035.pdf
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    References listed on IDEAS

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    Cited by:

    1. DECANCQ, Koen & FLEURBAEY, Marc & SCHOKKAERT, Erik, 2014. "Inequality, income, and well-being," CORE Discussion Papers 2014018, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    2. Sebastian Bervoets, 2007. "Freedom of choice in a social context: comparing game forms," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 29(2), pages 295-315, September.

    More about this item

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • D03 - Microeconomics - - General - - - Behavioral Microeconomics: Underlying Principles
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being

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