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Characterizations of Consequentialism and Non-consequentialism

Author

Listed:
  • Suzumura, Kotaro
  • 鈴村, 興太郎
  • スズムラ, コウタロウ
  • Xu, Yongsheng

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.

Suggested Citation

  • Suzumura, Kotaro & 鈴村, 興太郎 & スズムラ, コウタロウ & Xu, Yongsheng, 2000. "Characterizations of Consequentialism and Non-consequentialism," Discussion Paper 3, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
    • Handle: RePEc:hit:piedp1:3
    Note: Revised Version: March 31, 2000
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    File URL: https://hit-u.repo.nii.ac.jp/record/2051076/files/pie_dp3.pdf
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    More about this item

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations

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