Matches in DBpedia 2015-10 for { <http://dbpedia.org/resource/Value_(economics)> ?p ?o }
- Value_(economics) abstract "Economic value is a measure of the benefit provided by a good or service to an economic agent. It is generally measured relative to units of currency, and the interpretation is therefore "what is the maximum amount of money a specific actor is willing and able to pay for the good or service"?Note that economic value is not the same as market price, nor is economic value the same thing as market value. If a consumer is willing to buy a good, it implies that the customer places a higher value on the good than the market price. The difference between the value to the consumer and the market price is called "consumer surplus". It is easy to see situations where the actual value is considerably larger than the market price: purchase of drinking water is one example.The economic value of a good or service has puzzled economists since the beginning of the discipline. First, economists tried to estimate the value of a good to an individual alone, and extend that definition to goods which can be exchanged. From this analysis came the concepts value in use and value in exchange.Value is linked to price through the mechanism of exchange. When an economist observes an exchange, two important value functions are revealed: those of the buyer and seller. Just as the buyer reveals what he is willing to pay for a certain amount of a good, so too does the seller reveal what it costs him to give up the good.Additional information about market value is obtained by the rate at which transactions occur, telling observers the extent to which the purchase of the good has value over time.Said another way, value is how much a desired object or condition is worth relative to other objects or conditions. Economic values are expressed as "how much" of one desirable condition or commodity will, or would be given up in exchange for some other desired condition or commodity. Among the competing schools of economic theory there are differing metrics for value assessment and the metrics are the subject of a "Theory of Value." Value theories are a large part of the differences and disagreements between the various schools of economic theory.".
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- Value_(economics) wikiPageRevisionID "665343959".
- Value_(economics) wikiPageWikiLink Adam_Smith.
- Value_(economics) wikiPageWikiLink Agent_(economics).
- Value_(economics) wikiPageWikiLink Allocative_efficiency.
- Value_(economics) wikiPageWikiLink Category:Microeconomics.
- Value_(economics) wikiPageWikiLink Category:Political_economy.
- Value_(economics) wikiPageWikiLink Category:Value.
- Value_(economics) wikiPageWikiLink Category:Value_theory.
- Value_(economics) wikiPageWikiLink Classical_economics.
- Value_(economics) wikiPageWikiLink Cost-of-production_theory_of_value.
- Value_(economics) wikiPageWikiLink Currency.
- Value_(economics) wikiPageWikiLink David_Ricardo.
- Value_(economics) wikiPageWikiLink Drinking_water.
- Value_(economics) wikiPageWikiLink Exchange_value.
- Value_(economics) wikiPageWikiLink Financial_transaction.
- Value_(economics) wikiPageWikiLink Good_(economics).
- Value_(economics) wikiPageWikiLink Goodness_and_value_theory.
- Value_(economics) wikiPageWikiLink Goods_(economics).
- Value_(economics) wikiPageWikiLink Henry_George.
- Value_(economics) wikiPageWikiLink Intrinsic_theory_of_value.
- Value_(economics) wikiPageWikiLink John_Ruskin.
- Value_(economics) wikiPageWikiLink Karl_Marx.
- Value_(economics) wikiPageWikiLink Labor_Theory_Of_Value.
- Value_(economics) wikiPageWikiLink Labor_theory_of_value.
- Value_(economics) wikiPageWikiLink Labour_theory_of_value.
- Value_(economics) wikiPageWikiLink Law_of_value.
- Value_(economics) wikiPageWikiLink Ludwig_von_Mises.
- Value_(economics) wikiPageWikiLink Mahatma_Gandhi.
- Value_(economics) wikiPageWikiLink Marginal_theory_of_value.
- Value_(economics) wikiPageWikiLink Marginalism.
- Value_(economics) wikiPageWikiLink Market_value.
- Value_(economics) wikiPageWikiLink Mohandas_Gandhi.
- Value_(economics) wikiPageWikiLink Neoclassical_economics.
- Value_(economics) wikiPageWikiLink Objective_theory_of_value.
- Value_(economics) wikiPageWikiLink Perfect_competition.
- Value_(economics) wikiPageWikiLink Philosophical_value.
- Value_(economics) wikiPageWikiLink Price.
- Value_(economics) wikiPageWikiLink Prices_of_production.
- Value_(economics) wikiPageWikiLink Real_versus_nominal_value_(economics).
- Value_(economics) wikiPageWikiLink Relative_price.
- Value_(economics) wikiPageWikiLink Science_of_value.
- Value_(economics) wikiPageWikiLink Service_(economics).
- Value_(economics) wikiPageWikiLink Socially-necessary_labour_time.
- Value_(economics) wikiPageWikiLink Socially_necessary_labour_time.
- Value_(economics) wikiPageWikiLink Steve_Keen.
- Value_(economics) wikiPageWikiLink Store_of_value.
- Value_(economics) wikiPageWikiLink Subjective_theory_of_value.
- Value_(economics) wikiPageWikiLink Supply_and_demand.
- Value_(economics) wikiPageWikiLink Theory_of_value_(economics).
- Value_(economics) wikiPageWikiLink Unto_This_Last.
- Value_(economics) wikiPageWikiLink Use-value.
- Value_(economics) wikiPageWikiLink Use_value.
- Value_(economics) wikiPageWikiLink Utility.
- Value_(economics) wikiPageWikiLink Value-form.
- Value_(economics) wikiPageWikiLink Value_(ethics).
- Value_(economics) wikiPageWikiLink Value_(marketing).
- Value_(economics) wikiPageWikiLink Value_form.
- Value_(economics) wikiPageWikiLink Value_network.
- Value_(economics) wikiPageWikiLink Value_theory.
- Value_(economics) wikiPageWikiLink File:Relative_Prices_of_commonly_valued_items_what_is_value%3F.jpg.
- Value_(economics) wikiPageWikiLinkText "Monetary Value".
- Value_(economics) wikiPageWikiLinkText "Value (economics)".
- Value_(economics) wikiPageWikiLinkText "Value in economics".
- Value_(economics) wikiPageWikiLinkText "Value".
- Value_(economics) wikiPageWikiLinkText "changes in economic cost".
- Value_(economics) wikiPageWikiLinkText "commercial value".
- Value_(economics) wikiPageWikiLinkText "economic value".
- Value_(economics) wikiPageWikiLinkText "market value".
- Value_(economics) wikiPageWikiLinkText "maximum dollar value".
- Value_(economics) wikiPageWikiLinkText "monetary value".
- Value_(economics) wikiPageWikiLinkText "points".
- Value_(economics) wikiPageWikiLinkText "theory of value".
- Value_(economics) wikiPageWikiLinkText "valuable".
- Value_(economics) wikiPageWikiLinkText "valuations".
- Value_(economics) wikiPageWikiLinkText "value (economics)".
- Value_(economics) wikiPageWikiLinkText "value for money".
- Value_(economics) wikiPageWikiLinkText "value of goods".
- Value_(economics) wikiPageWikiLinkText "value".
- Value_(economics) wikiPageWikiLinkText "valued".
- Value_(economics) wikiPageWikiLinkText "worth".
- Value_(economics) about "yes".
- Value_(economics) by "no".
- Value_(economics) hasPhotoCollection Value_(economics).
- Value_(economics) label "Value".
- Value_(economics) onlinebooks "no".
- Value_(economics) others "no".
- Value_(economics) wikiPageUsesTemplate Template:Confused.
- Value_(economics) wikiPageUsesTemplate Template:Economics_sidebar.
- Value_(economics) wikiPageUsesTemplate Template:Library_resources_box.
- Value_(economics) wikiPageUsesTemplate Template:Portal.
- Value_(economics) wikiPageUsesTemplate Template:Reflist.
- Value_(economics) subject Category:Microeconomics.
- Value_(economics) subject Category:Political_economy.
- Value_(economics) subject Category:Value.
- Value_(economics) subject Category:Value_theory.
- Value_(economics) hypernym Measure.