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Ranking opportunity sets on the basis of similarities of preferences: A proposal

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  • Vázquez, Carmen

Abstract

This paper provides a different proposal for ranking sets of alternatives in terms of a lexicographic rule. We discuss how intensity of preference over alternatives may affect an individual’s choice out of the available set of alternatives. We provide an axiomatic characterization of an ordering rule for ranking sets of available alternatives, taking into account the similarities of the elements within each set.

Suggested Citation

  • Vázquez, Carmen, 2014. "Ranking opportunity sets on the basis of similarities of preferences: A proposal," Mathematical Social Sciences, Elsevier, vol. 67(C), pages 23-26.
  • Handle: RePEc:eee:matsoc:v:67:y:2014:i:c:p:23-26
    DOI: 10.1016/j.mathsocsci.2013.11.001
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    References listed on IDEAS

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    1. Kannai, Yakar & Peleg, Bezalel, 1984. "A note on the extension of an order on a set to the power set," Journal of Economic Theory, Elsevier, vol. 32(1), pages 172-175, February.
    2. Sen, Amartya, 1991. "Welfare, preference and freedom," Journal of Econometrics, Elsevier, vol. 50(1-2), pages 15-29, October.
    3. Pattanaik, Prasanta K. & Xu, Yongsheng, 2000. "On diversity and freedom of choice," Mathematical Social Sciences, Elsevier, vol. 40(2), pages 123-130, September.
    4. Prasanta K. Pattanaik & Yongsheng Xu & Walter Bossert, 2000. "Choice under complete uncertainty: axiomatic characterizations of some decision rules," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 16(2), pages 295-312.
    5. Barbera, Salvador & Pattanaik, Prasanta K., 1984. "Extending an order on a Set to the power set: Some remarks on Kannai and Peleg's approach," Journal of Economic Theory, Elsevier, vol. 32(1), pages 185-191, February.
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