Characterizations of Consenquentialism and Non-consequentialism
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.
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|Date of creation:||Mar 1999|
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- Sen, A., 1996.
"Maximisation and the Act of Choice,"
270, Banca Italia - Servizio di Studi.
- Amartya Sen, 1996. "Maximization and the Act of Choice," Harvard Institute of Economic Research Working Papers 1766, Harvard - Institute of Economic Research.
- Gravel, Nicolas, 1994.
"Ranking Opportunity Sets on the Basis of their Freedom of Choice and their Ability to Satisfy Preferences : A Difficulty,"
Discussion Papers (IRES - Institut de Recherches Economiques et Sociales)
1994008, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
- Nicolas Gravel, 1998. "Ranking opportunity sets on the basis of their freedom of choice and their ability to satisfy preferences: A difficulty," Social Choice and Welfare, Springer, vol. 15(3), pages 371-382.
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"Individual Rights and Social Evaluations: A Conceptual Framework,"
Discussion Paper Series
a250, Institute of Economic Research, Hitotsubashi University.
- Pattanaik, Prasanta K & Suzumura, Kotaro, 1996. "Individual Rights and Social Evaluation: A Conceptual Framework," Oxford Economic Papers, Oxford University Press, vol. 48(2), pages 194-212, April.
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- Gravel, Nicolas, 1994. "Can a Ranking of Opportunity Sets Attach an Intrinsic Importance to Freedom of Choice?," American Economic Review, American Economic Association, vol. 84(2), pages 454-58, May.
- Sen, Amartya, 1993. "Markets and Freedoms: Achievements and Limitations of the Market Mechanism in Promoting Individual Freedoms," Oxford Economic Papers, Oxford University Press, vol. 45(4), pages 519-41, October.
- Prasanta K. Pattanaik & Yongsheng Xu,, .
"On Diversity and Freedom of Choice,"
97/18, University of Nottingham, School of Economics.
- Bossert Walter & Pattanaik Prasanta K. & Xu Yongsheng, 1994. "Ranking Opportunity Sets: An Axiomatic Approach," Journal of Economic Theory, Elsevier, vol. 63(2), pages 326-345, August.
- Sen, Amartya K, 1979. "Personal Utilities and Public Judgements: Or What's Wrong with Welfare Economics?," Economic Journal, Royal Economic Society, vol. 89(355), pages 537-58, September.
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