Encyclopedia of Law and Economics

2019 Edition
| Editors: Alain Marciano, Giovanni Battista Ramello


  • David MorozEmail author
Reference work entry
DOI: https://doi.org/10.1007/978-1-4614-7753-2_120


Adopting a consequentialist approach requires knowing the whole set of consequences of an action. If we assume the future is radically uncertain, which may be argued for several different reasons, this approach can be used only in an explicative way and not in a predictive one.

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Copyright information

© Springer Science+Business Media, LLC, part of Springer Nature 2019

Authors and Affiliations

  1. 1.Champagne School of Management, Groupe ESC TroyesTroyesFrance