Article

Theory and Decision

, Volume 50, Issue 3, pp 213-238

Constraints and the Measurement of Freedom of Choice

  • Sebastiano BavettaAffiliated withIstituto di Scienze Finanziarie, Università di Palermo and CPNSS, London School of Economics Email author 
  • , Marco Del SetaAffiliated withIstituto di Scienze Finanziarie, Università di Palermo and CPNSS, London School of Economics

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Abstract

This paper introduces considerations about constraints in the construction of measures of an agent's freedom. It starts with motivating the exercise from both the philosophical and the informational point of view. Then it presents two rankings of opportunity sets based on information about the extent of options and the constraints that a decision maker faces. The first ranking measures freedom as variety of choice; the second as non-restrictedness in choice.

Measures of liberty Freedom of choice Constraints Non-welfaristic foundations of normative economics Social choice theory