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On freedom of choice, ambiguity, and the preference for easy choices
(2006)
Documento de trabajo / Lan gaiak,
This paper is devoted to the study of opportunity set comparisons when the characteristics of the options within the sets in question may be ambiguous. We assume that agents display a preference for freedom of choice, but ...
Ranking sets additively in decisional contexts: an axiomatic characterization
(2006)
Documento de trabajo / Lan gaiak,
Ranking finite subsets of a given set X of elements is the formal object of analysis in this paper. This problem has found a wide range of economic interpretations in the literature. The focus of the paper is on the family ...
Freedom of choice: the leximax criterion in the infinite case
(2006)
Documento de trabajo / Lan gaiak,
Many recent works have investigated the problem of extending a preference over a set of alternatives to its power set, in an attempt to provide a formal representation of the notion of freedom of choice. In general, results ...
On the equivalence of the two existing extensions of the leximax criterion to the infinite case
(2006)
Documento de trabajo / Lan gaiak,
Using a common framework, we consider the two existing extensions of the leximax criterion to infinite environments (Arlegi et al. (2005) and Ballester and De Miguel (2003), and show that, though the respective definitions ...