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Consequences, Opportunities, and Procedures

Author

Listed:
  • Suzumura, K

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.

Suggested Citation

  • Suzumura, K, 1997. "Consequences, Opportunities, and Procedures," ISER Discussion Paper 0439, Institute of Social and Economic Research, Osaka University.
    • Handle: RePEc:dpr:wpaper:0439
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    Cited by:

    1. Juan Perote Peña, 2003. "Ethical Implementation and the Creation of Moral Values," Economic Working Papers at Centro de Estudios Andaluces E2003/25, Centro de Estudios Andaluces.
    2. Martin Sandbu, 2008. "Axiomatic foundations for fairness-motivated preferences," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 31(4), pages 589-619, December.
    3. repec:ebl:ecbull:v:30:y:2010:i:1:p:103-114 is not listed on IDEAS
    4. Nirvikar Singh, 2004. "The Impact of International Labor Standards: A Survey of Economic Theory," International Trade 0412007, University Library of Munich, Germany.

    More about this item

    Keywords

    WELFARE ECONOMICS ; DECISION MAKING ; INTERNATIONAL TRADE ; OLIGOPOLIES;
    All these keywords.

    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
    • F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets

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