Arbitrary Value

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Arbitrary Value

A value not linked to an asset or liability, but created solely for accounting purposes. Critics of capitalism contend that a disproportionate amount of the value the market creates is arbitrary, though others strongly dispute this. Arbitrary value is also called fictitious value.
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Bentham and others, have strongly insisted on their arbitrary value.
Inventory your values: Here's some arbitrary values that one could consider
Hence, it is highly desirable to find alternative closed-form expressions for the MGF of the Weibull RV that are simple to evaluate and at the same time can be used for arbitrary values of fading parameter.
The closed-form rational expressions of MGF have been evaluated for arbitrary values of Weibull fading parameter for the single channel receiver.
For example, the frequency band can be specified on the x-axis between any two arbitrary values and the log graph is spaced on decades of I regardless of the start and end frequencies.
For all other arbitrary values of n, the amplification is between these extremal values (line for n = 3.
The preservation of civilization and liberty requires the maintenance of standards by which we know the good from the bad, the better from the worse, and these from the best, but modern education teaches that such standards constitute a violative imposition of the arbitrary values of one free mind upon another.
That the warring factions are often unsure of their allegiances takes the play to another level to observe the absurdity and confusion of mankind's arbitrary values and meanings.
Sutcliffe's approach to provide a satisfactory definition in this regard had to incorporate some arbitrary values for determining whether a country is industrialized or not : "a country 25 percent of whose GDP arose in the industrial sector, of which at least 60 percent was in manufacturing, and which had at least one-tenth of its population employed in industries would be counted as industrialized.
Going back to the definition of ITC, one can perhaps consider some arbitrary values, as, for example, Sutcliffe did for defining whether a country is industrialized or not.
Some oppose `pro-family tax policies' as based upon arbitrary values," says report author David Hartman.