Publication: On freedom of choice, ambiguity, and the preference for easy choices
Consultable a partir de
Date
2006
Authors
Dimitrov, Dinko
Director
Publisher
Acceso abierto / Sarbide irekia
Documento de trabajo / Lan gaia
Project identifier
Abstract
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 also aversion to the presence of ambiguous options. We propose a suitable environment for approaching this problem, and provide axiomatic characterizations of several rules for ranking sets in such a context.
Keywords
Ambiguity aversion, Easy choices, Ranking sets, Freedom of choice
Department
Economía / Ekonomia
Faculty/School
Degree
Doctorate program
Editor version
Funding entities
The author acknowledges financial support by the Spanish Ministerio de Educacion y Ciencia (SEC2003-08105; SEJ2006-11510) and Junta de Castilla y Leon (VA040A05).
CC Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0)
Los documentos de Academica-e están protegidos por derechos de autor con todos los derechos reservados, a no ser que se indique lo contrario.