Introducing Procedural Utility: Not Only What, but Also How Matters
نویسندگان
چکیده
منابع مشابه
Introducing Procedural Utility: Not only What, but also How Matters
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 procedura...
متن کاملNot Only What, but Also How Matters Introducing Procedural Utility: Not Only What, but Also How Matters
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 procedura...
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Age-related changes in representational flexibility are a characteristic feature of declarative memory development. The authors suggest that a qualitative shift in the nature of infants’ memory representations accounts for increasing memory flexibility with age. We will argue that a comprehensive theory of declarative memory development must (1) account for the effect of experience on flexibili...
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ژورنال
عنوان ژورنال: Journal of Institutional and Theoretical Economics
سال: 2004
ISSN: 0932-4569
DOI: 10.1628/0932456041960560