태그 글 보관함:outcomes

Frey, B. S., &Stutzer, A. (2005). Beyond outcomes: measuring procedural utility. Oxford Economic Papers, 57(1), 90-111.

Abstract People not only obtain utility from actual outcomes but also from the conditions which lead to these outcomes. The paper proposes an economic concept of this notion of procedural utility. Preferences beyond outcome can be manifold. We distinguish procedural utility people get from institutions as such, i.e., from how allocative and redistributive decisions are …

더 보기 “Frey, B. S., &Stutzer, A. (2005). Beyond outcomes: measuring procedural utility. Oxford Economic Papers, 57(1), 90-111.”

Frey, B. S., Benz, M., &Stutzer, A. (2004). Introducing procedural utility: Not only what, but also how matters. Journal of Institutional and Theoretical Economics JITE, 160(3), 377-401.

  People not only care about outcomes; they also value the procedures that lead to the outcomes. Procedural utility is an 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 …

더 보기 “Frey, B. S., Benz, M., &Stutzer, A. (2004). Introducing procedural utility: Not only what, but also how matters. Journal of Institutional and Theoretical Economics JITE, 160(3), 377-401.”