Characterizations of Consenquentialism and Non-consequentialism

Kotaro Suzumura and Yongsheng Xu

Discussion Paper Series from Institute of Economic Research, Hitotsubashi University

Abstract: By allowing for the possibility that individuals recognize the intrinsic value of choice along with the instrumental value thereof, we suppose that individuals express extended preference orderings of the following type: Choosing an outcome x from an opportunity set A is better than choosing an outcome y from an opportunity set B. Within this framework, we identify a consequentialist and a non-consequentialist, who show contrasting attitudes toward outcomes vis-a-vis opportunities. The task of this paper is to characterize these attitudes in terms of some axioms. The companion paper explores the implications of these concepts in the context of social choice.

JEL-codes: D63 D71 (search for similar items in EconPapers)
Date: 1999-03
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Citations: View citations in EconPapers (1)

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Related works:
Journal Article: Characterizations of Consequentialism and Nonconsequentialism (2001)
Working Paper: Characterizations of Consequentialism and Non-consequentialism (2000)
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