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5. Feb. 2008 · The term “value theory” is used in at least three different ways in philosophy. In its broadest sense, “value theory” is a catch-all label used to encompass all branches of moral philosophy, social and political philosophy, aesthetics, and sometimes feminist philosophy and the philosophy of religion — whatever areas of ...
In ethics and the social sciences, value theory involves various approaches that examine how, why, and to what degree humans value things and whether the object or subject of valuing is a person, idea, object, or anything else. Within philosophy, it is also known as ethics or axiology.
7. Apr. 2015 · This Handbook focuses on value theory as it pertains to ethics, broadly construed, and its purpose is to provide a comprehensive and state-of-the-art overview of the debate. The Handbook is divided into three main parts. The chapters in Part I (“Foundations”) concern fundamental and interrelated issues about the nature of value ...
Instead, he proposed a cost-of-production theory of value (to later develop into exchange value theory) that explained value was determined by several different factors, including wages and rents. This theory of value, according to Smith, best explained the natural prices in the market.
7. Apr. 2015 · This introduction characterizes and positions value theory, or axiology, as a philosophical discipline. It identifies its central issues and explains how value theory overlaps partly with other areas of moral philosophy, such as metaethics and normative etics, and how it relates other areas of philosophy. The introduction also ...
Abstract. For at least the past 120 years the discussion of the source of value has been dominated by the concept of marginal utility, originated by Jeavons in The Theory of Political Economy (1871), Menger in Principles of Economics (1871) and Walras in Elements of Pure Economics (1874).
Summary. Whatever the philosophical or methodological approach economists have taken to their discipline, whatever view they have taken of its scope, objectives and analytical techniques, the theory of value – with its associated theory of distribution – has been a key feature of the disciplinary matrix or paradigm to which they have chosen ...
