Frey, Bruno S.; Benz, Matthias; Stutzer, Alois - Center for Research in Economics, Management and the … - 2003
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 … of a concept of procedural utility are outlined and it is suggested how procedural utility can be fruitfully integrated …