value theory

value theory
A theory of how people positively and negatively value things and concepts, the reasons they use in making their evaluations, and the scope of applications of legitimate evaluations across the social world.

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  • Value theory — encompasses a range of approaches to understanding how, why and to what degree people should value things; whether the thing is a person, idea, object, or anything else. This investigation began in ancient philosophy, where it is called axiology… …   Wikipedia

  • Extreme value theory — is a branch of statistics dealing with the extreme deviations from the median of probability distributions. The general theory sets out to assess the type of probability distributions generated by processes. Extreme value theory is important for… …   Wikipedia

  • Expectancy-value theory — Introduction Expectancy value theory was originally created in order to explain and predict individual s attitudes toward objects and actions. Originally the work of psychologist Martin Fishbein, the theory states that attitudes are developed and …   Wikipedia

  • Value added — refers to the additional value of a commodity over the cost of commodities used to produce it from the previous stage of production. An example is the price of gasoline at the pump over the price of the oil in it. In national accounts used in… …   Wikipedia

  • Surplus Value, Theory Of —    Surplus value is a central notion in Karl Marx’s analysis of capitalism and his theory of exploitation. Marx bases his theory of surplus value on the labor theory of value which assumes the value of goods to be determined by the relative… …   Historical dictionary of Marxism

  • Value-added theory — (also known as social strain theory) was first proposed by Neil Smelser and is based on the assumption that certain conditions are needed for the development of a social movement. [Kenall 2005] Smelser saw social movements as side effects of… …   Wikipedia

  • Theory of value — is an ambiguous term, and may mean:*Theory of value (economics), where value is meant as economic worth of goods and services. *Value theory, where value is meant in the philosophical sense …   Wikipedia

  • theory — theo‧ry [ˈθɪəri ǁ ˈθiːəri] noun theories PLURALFORM 1. [countable] an idea or set of ideas that is intended to explain why something happens or how it works: theory of • The book is called An Evolutionary Theory of Economic Change . • The theory… …   Financial and business terms

  • Value — may refer to: *Value (mathematics), the value of a variable in mathematics. *Value (philosophy), the degree of importance, including the value independent on subjective valuations by any individual *Value (personal and cultural), the principles,… …   Wikipedia

  • Value of information — (VoI) in decision analysis is the amount a decision maker would be willing to pay for information prior to making a decision. imilar termsVoI is sometimes distinguished into value of perfect information, also called value of clairvoyance (VoC),… …   Wikipedia

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