Characterizations of Consequentialism 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 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-爿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.
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- Pattanaik, Prasanta K & Suzumura, Kotaro, 1996.
"Individual Rights and Social Evaluation: A Conceptual Framework,"
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"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).
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Harvard Institute of Economic Research Working Papers
1766, Harvard - Institute of Economic Research.
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- 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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