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The aim of this paper is to provide a different, somewhat more general, approach to the axiomatic ranking of opportunity sets in term of freedom of choice. The opportunity ransking is defined axiomatically relative to some standard of freedom or theory of freedom. The paper provides a general...
Persistent link: https://www.econbiz.de/10005779698
The paper presents an axiomatic analysis of opportunity ranking within a logical framework. It established that any opportunity or freedom ranking is cimpletely determined by a subjacent logical chain that is interpreted as a freedom standard. However, a preferential interpretation of the chain...
Persistent link: https://www.econbiz.de/10005779701