Article ID Journal Published Year Pages File Type
973058 Mathematical Social Sciences 2007 12 Pages PDF
Abstract

In this paper we investigate a choice behavior that recognizes the intrinsic value of opportunities for choice. Non-consequentialism is a choice attitude toward outcomes and opportunities and prioritizes opportunities for choice rather than outcomes. It is possible to define various types of non-consequentialism in terms of criteria for ranking opportunity sets. We consider the leximax ordering over opportunity sets, which takes into account both the quality and quantity of elements in opportunity sets. This paper presents an axiomatic characterization of a non-consequentialist extended preference whose opportunity evaluation is based on the leximax ordering.

Related Topics
Physical Sciences and Engineering Mathematics Applied Mathematics
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