This paper axiomatizes an index of consumer freedom of choice and applies it to U.S. consumer data from 2004 to 2017 … consumption, the price level, and inequality. We show that this index can be interpreted as the freedom of choice of a … representative consumer allocating a dollar of expenditure to goods. When applied to data, we find that the freedom of choice index …

to take part in the public debate and seek protection from discrimination, but at the same time shields anti-gay funeral …

This article examines the meaning of consumers' sovereignty in the interwar thought of the economist William Harold … Hutt. For Hutt, consumers' sovereignty was an ideal, a norm against which economists could assess different economic … systems. It connected the value of individual freedom, the commitment to a market society and an appeal to a liberal democracy …

When stockouts restrict consumers' freedoms, two independent responses can occur: product desirability, or a reactance … attributions. While all consumers experience source negativity in response to stockouts, only consumers high in reactance …, high reactance consumers respond positively to stockout-restoration, while low reactance consumers respond negatively to …

When stockouts restrict consumers' freedoms, two independent responses can occur: product desirability, or a reactance … attributions. While all consumers experience source negativity in response to stockouts, only consumers high in reactance …, high reactance consumers respond positively to stockout-restoration, while low reactance consumers respond negatively to …

studies, we investigate the role of the freedom of choice as a key contributing construct in influencing a person s happiness …. We define two hypothetical sub-constructs for the freedom of choice to fully develop a model of happiness. We name those …