Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/214278 
Erscheinungsjahr: 
2003
Schriftenreihe/Nr.: 
CREMA Working Paper No. 2003-02
Verlag: 
Center for Research in Economics, Management and the Arts (CREMA), Basel
Zusammenfassung: 
People not only care about outcomes, they also value the procedures which lead to the outcomes. Procedural utility is a potentially important source of human well-being. This paper aims at introducing the concept of procedural utility into economics, and argues that it should be incorporated more widely into economic theory and empirical research. Three building blocks of a concept of procedural utility are outlined and it is suggested how procedural utility can be fruitfully integrated. Evidence from a broad range of social sciences is reviewed in order to show that procedural utility is a relevant concept for economics.
Schlagwörter: 
procedural utility
outcome utility
institutions
JEL: 
A00
A12
D60
D70
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
376.23 kB





Publikationen in EconStor sind urheberrechtlich geschützt.