Theory of value is an ambiguous term, and may mean:
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Theory of value (economics) — Theory of value is a generic term which encompasses all the theories within economics that attempt to explain the exchange value or price of goods and services. Key question in economic theory include why goods and services are priced as they are … Wikipedia
Labor theory of value — The labor theories of value (LTV) are theories in economics according to which the values of commodities are related to the labor needed to produce them.There are many different accounts of labor value, with the common element that the value of… … Wikipedia
Criticisms of the labour theory of value — often arise from an economic criticism of Marxism. Contents 1 Microeconomic theory 2 Supply and demand 3 Jevons 4 Menger s critique … Wikipedia
Subjective theory of value — The subjective theory of value (or theory of subjective value ) is an economic theory of value that holds that to possess value an object must be both useful and scarce, [Moser, John. The Origins of the Austrian School of Economics, Humane… … Wikipedia
Cost-of-production theory of value — In economics, the cost of production theory of value is the theory that the price of an object or condition is determined by the sum of the cost of the resources that went into making it. The cost can compose any of the factors of production… … Wikipedia
Objectivist theory of value — Note: This is not to be confused with theories of economic value, which seek to explain why things have different market prices. The Objectivist theory of value is the ethical theory of value held by Objectivists, as propounded by the founder of… … Wikipedia
Intrinsic theory of value — This article is about the philosophy of economic value. For valuation of financial assets, see Intrinsic value (finance). An intrinsic theory of value (also called theory of objective value) is any theory of value in economics which holds that… … Wikipedia
labour theory of value — The idea that labour is the ultimate source of all wealth a commonplace among the early political economists . Adam Smith , for example, argued that, in a market society in which workers owned their own means of production, the prices of goods… … Dictionary of sociology
Labor theory of value — This theory, elaborated by classical economists, most notably David Ricardo in 1817, who had preceded Karl Marx, is the starting point for Marx’s own theory of surplus value or exploitation. According to the labor theory of value the value of… … Historical dictionary of Marxism
Cost of Production Theory of Value — ˌCost of Proˌduction ˌTheory of ˈValue noun [singular] ECONOMICS a 19th century economic idea, saying that the value or price of something depends only upon the cost of making or growing it. This idea is now seen as too simple, especially because … Financial and business terms
