The 14th SAET Conference on Current Trends in Economics 2014年8月19日 Society for the Advancement of Economic Theory and Waseda University 招待有り
Economic systems generate various distributions of opportunity sets for individuals to choose consumption bundles. This paper presents an axiomatic analysis of distributions of opportunity sets. We introduce several reasonable properties of distributions of opportunity sets, and characterize the distributions of opportunity sets in the market economy by these properties.