Path independent choice and the ranking of opportunity sets

The indirect utility principle provides an instrumentalist basis for ranking opportunity sets, given an underlying preference ranking on alternatives. Opportunity set A is weakly preferred to B if A includes at least one preference-maximising element from A⋃B. We introduce the Plott consistency prin...

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Veröffentlicht in:	Social choice and welfare 2014-01, Vol.42 (1), p.193-213
1. Verfasser:	Ryan, Matthew
Format:	Artikel
Sprache:	eng
Schlagworte:	Alternation Axioms Binary relations Decision making Economic independence Economic models Economic theory Economic Theory/Quantitative Economics/Mathematical Methods Economics Economics and Finance Freedom of choice Game Theory Instrumental music Instrumentalism International Political Economy Logic Mathematical functions Mathematical monotonicity Mathematical sets Mathematics Original Paper Preferences Public choice Public Finance Ranking Ratings & rankings Restaurants Social and Behav. Sciences Social Policy Studies Sufficient conditions Unions Utility functions
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