OutlineChoice is all about gratification. A preference for one
thing is paid for by the sacrifice of other things. This
means that there are different kinds of choices.
The vertical axis captures the environment of choice,
including the constraints on competition among the
myriad claims of recognition or satisfaction by one or
more sets of interests whose private preferences are being
imposed on public objects. The horizontal axis is concerned
with the scale of participation in the choice to be
made. As Kenneth Arrow and Mancur Olson have
demonstrated, the number of participants is a major if
not the major determinant in the process of choice and
the prospect of choices that are satisfactory to all concerned.
This is the origin of the quest for “rational
choiceâ€.
|