development approaches andputting the agents into the centre of interest. The theoretical part of this paper identifies(i) freedom … combination of the interconnected and mutuallyreinforcing factors knowledge, freedom and future-oriented economic structure …

My thesis investigates how freedom of choice can be integrated into economic welfare analysis. The first part examines … existing static axiomatizations of freedom of choice and works out their implicit normative assumptions and shortcomings. I … derive the conclusion that a meaningful measure of freedom must necessarily account for individual valuation of choice …