Freedom, Opportunity and Uncertainty: A Logical Approach

Ruvin Gekker, Martin van Hees

Research output: Contribution to JournalArticleAcademicpeer-review

Abstract

The paper explores the possibility of analyzing opportunities within a logical framework. We make clear how a person's freedom in different choice situations yield opportunity rankings by showing how such rankings are completely determined by subjacent logical chains. We explore one interpretation of such chains in particular, and show that it leads to results similar to those obtained earlier by Nehring and Puppe. Furthermore, for contexts in which not all of the consequences of one's acts are known, we present an alternative characterization of the leximin-ranking. © 2005 Elsevier Inc. All rights reserved.
Original languageEnglish
Pages (from-to)246-263
Number of pages18
JournalJournal of Economic Theory
Volume130
Issue number1
DOIs
Publication statusPublished - Sep 2006

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Ranking
Logic
Uncertainty
Leximin

Keywords

  • Freedom
  • Opportunity sets
  • Preferential logic
  • Uncertainty

Cite this

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Freedom, Opportunity and Uncertainty: A Logical Approach. / Gekker, Ruvin; van Hees, Martin.

In: Journal of Economic Theory, Vol. 130, No. 1, 09.2006, p. 246-263.

Research output: Contribution to JournalArticleAcademicpeer-review

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