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

Ritxar Arlegi; Dinko Dimitrov

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. -- Freedom of choice ; Lack of information ; Extended opportunity sets ; Easy choices

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Year of publication:	2005
Other Persons:	Arlegi, Ritxar (contributor) ; Dimitrov, Dinko (contributor)
Publisher:	Bielefeld : Inst. of Mathematical Economics, IMW
Subject:	Entscheidung unter Unsicherheit \| Decision under uncertainty \| Theorie \| Theory

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Extent:	Online-Ressource (PDF-Datei: 25 S., 153 KB)
Series:	Working papers / Universität Bielefeld, Center for Mathematical Economics (IMW). - Bielefeld : IMW, ISSN 2942-9536, ZDB-ID 2437810-0. - Vol. 364
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Notes:	Systemvoraussetzungen: Acrobat reader
Other identifiers:	hdl:10419/43764 [Handle]
Classification:	D81 - Criteria for Decision-Making under Risk and Uncertainty
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10003731617