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VALUING PROCESSES

机译：评估过程

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Conventional economic theory assumes that people care only about ultimate outcomes and are indifferent to the decision and allocation processes by which outcomes are brought about. Building on Sen (1997), I relax this assumption, and investigate the formal and philosophical issues that arise. I extend the formal apparatus of preference theory to analyse how processes may enter preferences, and investigate whether traditional invariance requirements like the Weak Axiom of Revealed Preference are still satisfied in this new setting. I show that it is, provided certain conditions of separability hold, and I discuss the plausibility of these conditions. Further, I argue that processes are often valued in a mode that diverges from the conventional modes of instrumental and intrinsic/independent valuation. I introduce the notion of dependent non-instrumental valuation, and show how processes could depend on their instrumental function for their value - making their value dependent - and yet derive their value from something else - making it non-instrumental. Dependent non-instrumental value, I argue, can be explained by symbolic and evidential relations between processes and outcomes.
机译：常规经济学理论假设人们只关心最终结果，而对产生结果的决策和分配过程漠不关心。在Sen（1997）的基础上，我放松了这一假设，并研究了出现的形式和哲学问题。我扩展了偏好理论的形式工具，以分析过程如何输入偏好，并研究在这种新设置下是否仍满足传统不变性要求，如“显性偏好的弱公理”。只要证明了某些条件的可分离性，我就证明了这一点，并讨论了这些条件的合理性。此外，我认为，流程的估值方式通常不同于工具性和内在性/独立性估值的传统方式。我介绍了依赖非工具估值的概念，并说明了流程如何依赖于其工具功能的价值-使它们的价值成为依赖-而从其他东西中获取价值-使之成为非工具。我认为，可以通过过程与结果之间的象征性和证据性关系来解释依赖的非工具价值。

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