value

(redirected from Fundamental values)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia.

Value

A measure of worth. Value is generally expressed in monetary terms. For example, the value of a house may be $100,000. Generally, the value of a product depreciates over time, though it sometimes appreciates instead (notably in real estate). How easily one can sell a product for its value helps determine how liquid the product is.

value

the money worth of a PRODUCT or ASSET. Value is measured in terms of the PRICE which buyers are prepared to pay for the product or asset. The amount which they are prepared to pay depends upon the benefits which they expect to derive from consuming or owning the item. See PRICE-QUALITY TRADEOFF, PSYCHOLOGICAL PRICING, VALUE CREATED MODEL, CONSUMER SURPLUS.

value

the money worth of an ASSET or PRODUCT. Early economists such as Adam SMITH and David RICARDO suggested that the value of an asset or product depended upon the amount of LABOUR needed to produce it, while later economists like William JEVONS emphasized that the UTILITY of a product to a consumer determined its value. Nowadays, economists accept that both supply and demand factors are important in determining the value of a product, by establishing a MARKET PRICE for it. See also CONSUMERS’ SURPLUS, VALUE ADDED, PARADOX OF VALUE.

value

The worth of all rights arising from ownership of property.

References in periodicals archive ?
A trajectory that is constant over time generates closer adherence to fundamental values than a time path that is monotonically decreasing (Kirchler, Huber, and Stockl 2012; Noussair, Robin, and Ruffieux 2001; Smith, Van Boening, and Wellford 2000).
Following our estimation procedure we compute distributions of the fundamental values of a college degree and a high school diploma (all 99 percentiles) for calendar years 1964 and 2010 and plot them in Figs.
Market prices can rise rapidly if fundamental values are increasing rapidly or if prices are far below fundamental values.
In addition, this study re-examines whether institutional design impacts upward deviations in prices from fundamental values.
Once one of these fundamental values has been chosen, the business then finds an operational model for delivering that value to the customer and sticks rigorously to the model.
In particular, he posits several fundamental values and ethical principles and traces their implications for the economy and for neoclassical theory.
Those of us who understand the importance of this revolution, understand that international solidarity is one of its fundamental values," one woman told me.
But is it our fundamental values or is it our more powerful technology and greater numbers that make us more destructive?
More than a discussion on the 'all change' agenda, this report serves as a practical guide to managing sustainable change throughout organisations, offering both a greater understanding of how to align change with fundamental values, and an insight into how to win employee buy-in.
Such actions, and the conduct indulged in by the respondent, are driven by a depraved and evil ideology and mentality, which are anathema to the fundamental values of our nation
Should the Federal Reserve increase interest rates and lower fundamental values in Atlanta, Dallas, and Indianapolis in order to deflate San Marco?
Pledging to ``live and to share the fundamental values that my parents instilled in me,'' Dr.

Full browser ?