Reference-dependent rankings of sets in characteristics space

Autor(en): Gaertner, Wulf
Xu, Yongsheng
Stichwörter: Business & Economics; Economics; FREEDOM; FUNCTIONINGS; Mathematical Methods In Social Sciences; Social Sciences, Mathematical Methods
Erscheinungsdatum: 2011
Herausgeber: SPRINGER
Enthalten in: SOCIAL CHOICE AND WELFARE
Band: 37
Ausgabe: 4, SI
Startseite: 717
Seitenende: 728
Zusammenfassung: 
This article uses Lancaster's characteristics approach to rank sets of alternative combinations of commodity characteristics. It is assumed that there exists a reference point or reference level from which the individual evaluates set expansions in appropriate directions. We provide an axiomatic characterization for such a case.
ISSN: 01761714
DOI: 10.1007/s00355-011-0569-7

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