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Characterizations of Consequentialism and Non-consequentialism

Kotaro Suzumura, 興太郎 鈴村, コウタロウ スズムラ and Yongsheng Xu

No 3, Discussion Paper from Center for Intergenerational Studies, 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 alternative x from an opportunity set A is better than choosing an alternative y from an opportunity set B. Within this framework, we identify a consequentialist and a non-consequentialist, who show contrasting attitudes toward alternatives vis-?-vis opportunities. This paper characterizes these attitudes in terms of some axioms, whereas the companion paper explores the implications of these concepts in the context of social choice theory ? la Arrow.

JEL-codes: D63 D71 (search for similar items in EconPapers)
Pages: 18 pages
Date: 2000-12
Note: Revised Version: March 31, 2000
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https://hermes-ir.lib.hit-u.ac.jp/hermes/ir/re/14516/pie_dp3.pdf

Related works:
Journal Article: Characterizations of Consequentialism and Nonconsequentialism (2001) Downloads
Working Paper: Characterizations of Consenquentialism and Non-consequentialism (1999)
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Persistent link: https://EconPapers.repec.org/RePEc:hit:piedp1:3

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