Extrinsic Value


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Extrinsic Value

The value of an asset that occurs by mutual agreement. Fiat money, for example, has value because everyone in an economy agrees that it has value, even though the paper on which it is printed does not have any more value than other paper. The line between extrinsic and intrinsic value is sometimes blurry.
References in periodicals archive ?
If you are a leader, it must be that you have certain intrinsic and extrinsic value to the organization.
VCs have neither intrinsic value, such as the commodity content of gold coins, nor extrinsic value, such as the value assigned to traditional fiat currencies by the trusted public issuing authority.
The distinction between intrinsic value and extrinsic value is central to our argument (and it is explained in section 3).
Extrinsic values. The extrinsic value orientation inclines an employee towards extrinsic rewards attainment.
In the turbo decoder, the current MAP decoder utilizes the extrinsic value [L.sub.e] ([u.sub.k]) of the previous MAP decoder as a priori value [L.sub.a] ([u.sub.k]).
The extrinsic value of a volume like this one is that it includes suggestive analysis in the best American transcendentalist tradition.
Examples of extrinsic value statements from the PVCT include "increases salary" and "promotes recognition from peers."
It is argued that high level of compliance would give more intrinsic and extrinsic value to the customers.
A summary economic analysis of the AMEDD's graduate program indicates that substantial net extrinsic value and intrinsic value are generated by these programs individually and in the aggregate.
Note that sometimes what a product is "best" at is not directly related to the product's extrinsic value. I recently bought a new car, and the dealer urged me to use them for my warranty service, not because they have the best service department in town, but because they have the best customer service.
Selling options works great when your able to catch these spikes in volatility because when volatility lifts like it is now, it only affects the extrinsic value of an option.
Respondents were also asked to rate their importance level or extrinsic value of 30 agricultural communications skill statements using a rated scale where 0 = "Not Important"; 1 = "Somewhat Not Important"; 2 = "Unsure"; 3 = "Somewhat Important"; 4 = "Important." Tables 4 and 5 show all of the statements rated by the respondents, ranked 1 to 30.