Consequences, opportunities, and procedures
Consequences, opportunities, and procedures
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后果、机会和程序
DOI:
10.1007/s003550050129
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发表时间:
1999
影响因子:
0.9
通讯作者:
K. Suzumura
中科院分区:
文献类型:
--
作者:
K. Suzumura
Abstract. This paper reflects on consequentialism which underlies the traditional normative economics. It asserts that the informational basis of normative economics should be expanded so that the intrinsic value of social choice procedures should be properly taken into account along with the value of their consequences. Three examples – the problem of fair cake division, the role of competition in the promotion of economic welfare, and bilateral trade restrictions – are invoked to pinpoint the services rendered by procedural considerations in making social welfare judgements. The Pareto libertarian paradox is also re-examined within the extended framework incorporating procedural considerations along with consequential considerations.