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Public value





Encyclopedia results for Public value

  1. Public value

    Public value is the equivalent of shareholder value in public management . Public value can be instituted as an organising principle in a public sector organisation, providing a focus in the context of which ... of the organisation, in terms of efficiency economics efficiency or services. Public organisations seeking to use public value as a principle need to create a corporate culture in which the pursuit of public value by employees is rewarded just as pursuing shareholder value is rewarded in private corporation ... a book on the subject, Creating Public Value Strategic Management in Government , in 1995. Usage ... launched the Institute for Public Service Value, to explore how public value is created in government ... , conducted research on the topic of public value in the context of governments investments in Information ... returns to the public at large. From this point of view, there are two sources of public value ... final.pdf Public Value The Next Steps in Public Service Reform . See also Public services a term ... References Mark H. Moore 1995 , Creating Public Value Strategic Management in Government , Harvard ... Public Value , John Wiley & Sons. Inc. http www.amazon.com dp 0471959456 Cresswell, A.M., Burke, G.B., Pardo, T.A. 2006 , Advancing Return on Investment Analysis for Government A Public Value ... Lee 2006 , Giving them what they want the construction of the public in public value , paper presented ..., http downloads.bbc.co.uk info policies pdf bpv.pdf Building Public Value BBC report on renewal of its ... Public Value Failure When Efficient Markets May Not Do , Public Administration Review 62 2 , March April 2002 http ksgfaculty.harvard.edu Mark Moore Mark Moore s Harvard profile DEMOS The Public Value ... Public Value http www.cabinetoffice.gov.uk strategy downloads files public value2.pdf The Center for Technology ... Bibliography on Public Value English and German Literature http www.theoriebuero.org 1352 literaturliste public value theorie theory Category Government ru ...   more details



  1. Value

    Wiktionary Value or values may refer to Concepts of worth Value theory overview of approaches in various disciplines Value ethics Value personal and cultural Value economics Theory of value economics Value investing Value marketing Value law i.e. consideration Concepts of quantity, amount, or entity Value semiotics Value mathematics Value computer science Note value music Colour theory Lightness Values usually refers to Value ethics Value personal and cultural Value law Disambiguation af Waarde ar cs Hodnota de Valor es Valor fr Valeur it Valore he ja no Verdi pl Warto pt Valor ro Valoare sk Hodnota fi Arvo t smennyssivu sv V rde vi Gi tr ...   more details



  1. T value

    Dablink T value can also refer to the Student s t test . The United States Department of Agriculture defines the T Value as the maximum average soil loss in tons per year that will still allow economical maintenance of the current level of production into the future. ref http agriculture.house.gov info glossary tu.htm USA Department of Agriculture ref References Reflist colwidth 40em references references Category United States Department of Agriculture ...   more details



  1. A value

    image Labeledcyclohexane.png thumb 400px right The A value for a methyl group is 1.74 as derived from the chemical equilibrium above. This means it costs 1.74 kcal mol of energy to have a methyl group in the axial position compared to the equatorial position. A Values are numerical values used in the determination of the most stable orientation of atoms in a molecule Conformational isomerism Conformational Analysis , as well as a general representation of steric bulk . A values are derived from energy measurements of a monosubstituted cyclohexane conformation cyclohexane ring. ref name PACGlossary ... axial substitution and the lower energy conformation equatorial substitution is the A value for that particular ... the substituent with the largest A value is equatorial is favored. image methyltbutyl cyclohexane.png thumb 600px center A methyl substituent has a significantly smaller A value than a tert butyl ... help predict the steric effect of a substituent. In general, the larger a substituent s A value, the larger the steric effect of that substituent. Methyl has an A value of 1.74 while butyl tert butyl has an A value of 5. Because the A value of tert butyl is higher, tert butyl has a larger steric effect ... conformations of ethyl cyclohexane, the A value is reduced from what would be predicted based ... Havinga first4 E. ref class wikitable style text align center Substituent A Value Substituent A Value Substituent A Value D 0.006 CH sub 2 sub Br 1.79 OSi CH sub 3 sub sub 3 sub 0.74 F 0.15 CH CH sub ... value of a favorable intramolecular hydrogen bond can be calculated. ref name HBondApprox cite journal .... The carboxylic acid substituent shown below is axial in the ground state, despite a positive A Value ... effect. For example, the tert butyl group A value 4.9 has a larger A value than the trimethylsilyl group A value 2.5 , yet the tert butyl group actually occupies less space. This difference can be attributed ... effectively makes the trimethylsilyl group less sterically hindering, thus, lowering it s A value ...   more details



  1. Value network

    as a value network, whether private industry, government or public sector. Allee developed Value network ...Context date December 2008 A value network is a business analysis perspective that describes social and technical resource s within and between business es. The node s in a value network represent people ... s. These deliverables take the form of knowledge or other intangibles and or financial value. Value .... Companies have both internal and external value networks. ref Value Network Basics, openvaluenetworks.com ref External value networks External facing networks include customers or recipients, intermediaries .... Internal value networks Internal value networks focus on key activities, processes and relationships ... support. Value is created through Trade exchange and the relationships between roles. Value networks operate in public agencies, civil society , in the Company enterprise , institutional settings, and all forms of organization . Value networks advance innovation, wealth , social good and Social environment environmental well being. Clayton Christensen s value networks Christensen defines value ... enter into existing value networks, they must adapt their business models to conform to the value ... Essentials, page 296 ref blockquote Fjeldstad and Stabells value networks Fjeldstad and Stabell ref ..., . Configuring value for competitive advantage On chains, shops, and networks Strategic Management Journal 19, 1998 ref presents a framework for value configurations in which a Value network is one of two alternatives to Michael Porter s Value Chain s the other being the Value shop configuration . F&S s value networks consists of these components A set of customers. Some service the customers .... A set of contracts that enables access to the service. An obvious example of a value network is the network ... company and immediately has access to all the value network of other customers of the phone ... value creation process, but they are not identical. Christensen s value networks address the relation ...   more details



  1. Value capture

    Cleanup date June 2008 Value capture refers to a type of public financing where increases in private land values generated by public investments are all or in part captured or recouped by the public sector. It provides a means for internalizing the positive externalities of public investments, allowing public agencies to tax the direct beneficiaries of their investments, and or provide benefits to the taxpayers ... 2004. http www.rics.org downloads static land value.pdf Land Value and Public Transport , Royal Institution ..., or increases in land value which otherwise profit private landowners without cost, may be captured directly by converting them into public revenue, e.g. using real estate taxes, impact fees ... using exactions , public easements , or other nonpossessory interests granted to the public or a public agency. Value capture refers to a type of public private partnership in which the private sector compensates a public agency for the cost of an investment that generates economic value. It is in almost all cases led by the public agency responsible for the investment. Transportation projects .... Public agencies, with proper preparation and foresight, can capture a portion of that profit using a variety of methods 1 local improvement districts 2 public private development of adjacent ... hub. Value capture can be thought of as a fully contained sub set of land value tax , however ... http www.lincolninst.edu offers this perspective on value capture Value capture mechanisms are being ... parts of the region the notion of value capture continues to meet with suspicion and resistance. In addition of the use of value capture mechanisms to control urban growth and territorial expansion ... land occupations are mostly irregular or illegal, and where significant land value increments are self generated by the community, rather than by state action. This network explores whether land value increments resulting directly or indirectly from public interventions can be mobilized to mitigate ...   more details



  1. Value engineering

    citations missing article date November 2007 Primarysources date November 2007 Value engineering VE is a systematic method to improve the value of goods or products and services by using an examination of function. Value, as defined, is the ratio of function to cost . Value can therefore be increased by either improving the function or reducing the cost . It is a primary tenet of value engineering that basic functions be preserved and not be reduced as a consequence of pursuing value improvements. ref http www.value eng.org pdf docs monographs vmstd.pdf Value Methodology Standard Bot generated title ref In the United States, value engineering is specifically spelled out in Public Law 104 106, which states Each executive agency shall establish and maintain cost effective value engineering procedures and processes. ref http oecm.energy.gov Portals 2 PL104 106.pdf Text of Law Requiring Value Engineering in Executive Agencies Bot generated title ref Value engineering is sometimes taught within the project management or industrial engineering body of knowledge as a technique in which the value ... increasing the value for the manufacturer and or their customers. VE follows a structured thought ... can and not the original connotation of securing a screw into a screw hole. In value engineering ... by stirring and to limit the application only considers paint. This is the basis of what value engineering refers to as function analysis . ref cite book title The Value Methodology Standard origydate ... Value engineering uses rational logic a unique how why questioning technique and the analysis of function to identify relationships that increase value. It is considered a quantitative method similar ... research, which uses model building to identify predictive relationships. Value engineering is also referred to as value management or value methodology VM , and value analysis VA . ref http www.value eng.org SAVE International Value Engineering, Value Analysis, Value Management and Value ...   more details



  1. Theory of value

    Theory of value is an ambiguous term, and may mean Theory of value economics , where value is meant as economic worth of goods and services. Value theory , where value is meant in the philosophical sense. disambig ...   more details



  1. Value investing

    in public companies that trade at discounts to book value or Tangible Common Equity tangible book value , have high dividend yield s, have low PE ratio price to earning multiples or have low price to book ratio s. High profile proponents of value investing, including Berkshire Hathaway chairman Warren Buffett , have argued that the essence of value investing is buying stocks at less than their Intrinsic value finance intrinsic value . ref Benjamin Graham Graham 1949 . The Intelligent Investor ...Cleanup date March 2012 Value investing is an investment investor profile paradigm that derives from ... Analysis . Although value investing has taken many forms since its inception, it generally involves ... value is what Benjamin Graham called the margin of safety . The intrinsic value is the discounted value of all future distributions. Citation needed date December 2011 However, the future distributions ... has taken the value investing concept even further with a focus on finding an outstanding company at a sensible ... History Benjamin Graham Image BenjaminGraham.jpg Benjamin Graham thumb right 130px Value investing ... trading below their tangible book value as a safeguard to adverse future developments often encountered ... s theories Further evolution However, the concept of value as well as book value has evolved significantly since the 1970s. Book value is most useful in industries where most assets are tangible. Intangible ..., the value of its assets is not easily estimated. Sometimes, the production power of an asset can be significantly reduced due to competitive disruptive innovation and therefore its value can suffer permanent impairment. One good example of decreasing asset value is a personal computer. An example of where book value does not mean much is the service and retail sectors. One modern model of calculating value is the discounted cash flow model DCF , where the value of an asset is the sum of its ... said by Graham. Perhaps it should be in the criticism section Value investing performance ...   more details



  1. Best value

    Best Value is government policy in the United Kingdom affecting the provision of public services in England and Wales . In Wales, Best Value is known as the Wales Programme for Improvement . Introduction Best Value was introduced in England and Wales the 1999 Local Government Act by the UK Labour Party ... services in terms of both cost and quality A Best Value authority must make arrangements to secure ... of economy, efficiency and effectiveness LGA 1999, section 3 1 . Effects of Best Value The range ... services, environmental health, housing and planning. The first details of Best Value were set out in the Twelve Principles of Best Value announced in June 1997 DoE 1997 . The bill to provide the statutory ... value framework, and assess the extent to which actual improvements in service quality and efficiency have flowed from the new approach DETR 1997a . The rationale for the introduction of Best Value ... be abolished DETR 1998, s.1.5 . Thus, the rationale for Best Value emphasised three points the failure ... effect of competition as a prime objective. History of Best Value Under the leadership ... issue of tender, receipt of tender, selection of provider  Labour s Best Value proved more difficult to define. The notion of Best Value prior to implementation was enshrined within one key consultation document Modernising Local Government  Improving local services through best value DETR 1998a . This set out four defining elements of Best Value. The first was the duty to secure economic ... within which the authority must demonstrate that in the fulfilment of their duties under Best Value they have compared their service provision with that of other private and public providers consulted ... would increase. Performance would be monitored locally through Best Value Performance Reviews BVPRs , partly through adherence to locally and statutorily determined Best Value performance indicators ... of Best Value outlined the consequence of performance Government intervention in cases of Best Value ...   more details



  1. Future of value

    Future of value may refer to Future value in economics Future ethical value , as that of potential person s disambig ...   more details



  1. Deprival value

    Public Sector Accounting Standards Board has discussed deprival value and its application ...Deprival value is a concept used in accounting theory to determine the appropriate measurement basis for assets. It is an alternative to historical cost and fair value or mark to market accounting. Some writers prefer terms such as value to the owner or value to the firm . Deprival value is also sometimes advocated for liabilities, in which case another term such as Relief value may be used. The deprival value of an asset is the extent to which the entity is better off because it holds the asset ... hold it ? Deprival value explained Deprival value is based on the premise that the value .... It builds on the insight that often the owner of an asset can use an asset to derive greater value ... employed in a business but no more than scrap value could be obtained from its sale net selling price . Deprival value reasons that the maximum value at which an asset should be stated is its replacement ... amount is, in turn, defined as the higher of net selling price and value in use, which is the present value of the future returns that will be made by continuing to use the asset. In summary Deprival value equals the lower of replacement cost and recoverable amount and Recoverable amount is the higher of net selling price and value in use. An important practical implication of deprival value reasoning is that many assets will be stated at replacement cost, as entities tend to hold and use ... value Critics of deprival value assert that it is more complex than other measurement bases. Its ... the values of assets owned by different entities may be difficult where deprival value is used because it reflects the position of the reporting entity. Critics also point out that the calculation of value ... value is frequently ascribed to JC Bonbright s 1937 work The Valuation of Property . ref WT Baxter ... Concepts of Cost and Value in Modern Accounting Theory , edited by Morton Backer Prentice Hall, New ...   more details



  1. Time value

    In finance , time value is Time value of money or Option time value Time value of an option . In transport economics , time value refers to Value of time In photography and cameras TV may refer to exposure setting. disambiguation ...   more details



  1. Intrinsic value

    Intrinsic value can refer to Intrinsic value finance , of an option or stock. Intrinsic value numismatics , of a coin. Intrinsic value ethics , in ethics and philosophy. Intrinsic value animal ethics , in philosophy. Intrinsic theory of value , an economic theory of worth. See also Extrinsic value Value disambiguation disambig ...   more details



  1. Value product

    nofootnotes date April 2010 Marxism The value product VP is an economic concept formulated by Karl Marx ... for capitalism capitalist economies. Its annual monetary value is approximately equal to the netted ... income, including land rents. tax on the production of new value, including income tax and indirect ... and paid from current gross income. The last five money incomes are components of realized surplus value . In principle, the value product also includes unsold inventories of new outputs. Marx s concept corresponds roughly with the concept of value added in national accounts, with some important differences ... approach is quite clear however. Marx called Gross Output or the total value of output sales the value ... math C c math , fixed capital consumed math C f math , and surplus value produced math S math , then math VP n C c C f V S math Gross Output and math VP V S math true new value added So, Marx s value product really expressed his view of the true total new value added or the net product. In his view, this total is equal to the value of wage payments surplus value , the latter which would include, apart ... generated by production of output, plus the surplus value component of unsold inventories of new ... a new value which is equal to its own wage cost, plus an additional new value called surplus value . However, Marx warns that Quotation The habit of representing surplus value and value of labor power as fractions of the value created a habit that originates in the capitalist mode of production itself ... of production , specifically the rate of surplus value . His primary interest was in the ratio between generic profits and wages the rate of exploitation . Marxian new value added, versus GDP The equation of new value added with net output or GDP also known as gross value added would have made ... interest regarded as property income . As regards depreciation, for Marx the value of real depreciation at least did not constitute any new value, but, value conserved and transferred to the new products ...   more details



  1. Value chain

    Image Porter Value Chain.png thumb 340px right Popular Visualization The value chain is a concept from ... is strategy? Harvard Business Review, November December, 61 78.The value chain ref Firm Level A value ... is the appropriate level for construction of a value chain, not the divisional level or corporate level ... some value. The chain of activities gives the products more added value than the sum of the independent ... to illustrate the difference of cost and the value chain. The cutting activity may have a low cost, but the activity adds much of the value to the end product, since a rough diamond is significantly less valuable than a cut diamond. Typically, the described value chain and the documentation of processes ... of the business, e.g. ISO 9001 . fact date February 2012 Activities The value chain categorizes the generic Value theory value adding activities of an organization. The primary activities ... ref Industry Level An industry value chain is a physical representation of the various processes that are involved ... product also known as the supply chain . It is based on the notion of value added at the link read stage of production level. The sum total of link level value added yields total value. The French Physiocrat s Tableau conomique is one of the earliest examples of a value chain. Wasilly Leontief ... individual link in industry level value chains for the U.S. economy. Significance The value chain ... for strategic planning . The simpler concept of Value stream mapping value stream s, a cross functional ... work Business Week publisher date 1993 12 20 url accessdate ref The value chain concept has been ... to the end customer will mobilize different economic factors, each managing its own value chain. The industry wide synchronized interactions of those local value chains create an extended value chain, sometimes global in extent. Porter terms this larger interconnected system of value chains the value system. A value system includes the value chains of a firm s supplier and their suppliers all the way ...   more details



  1. Value Line

    Infobox company company name Value Line company logo File Value Line logo.gif 300px company type Public company Public traded as nasdaq VALU foundation 1931 founder Arnold Bernhard location city New York ... 1983, Value Line sold stock for the public for the first time NASDAQ VALU , though the Bernhard family ... feud with public consequences.html?pagewanted 1 Twin vs Twin Company Stake Value Line Private Feud with Public Consequences ref See also List of finance topics Value Line Composite Index References ... http www.valueline.com www.valueline.com Value Line nasdaq VALU is an independent investment research .... Value Line is best known for publishing The Value Line Investment Survey , a stock analysis ... Office. Company background Value Line, in its current form, was incorporated in 1982 and is the successor ... produces investment related periodical publications through its wholly owned subsidiary, Value Line Publishing LLC VLP . VLP publishes in both print and electronic formats The Value Line Investment Survey , one of the nation s major periodical investment publication, as well as The Value Line Investment Survey Small and Mid Cap Edition, The Value Line 600, Value Line Select, The Value Line Fund Advisor, The Value Line Special Situations Service, The Value Line Daily Options Survey and The Value .... The Company also markets investment analysis software and includes The Value Line Investment Analyzer which was last updated in 1999 and Value Line Mutual Fund Survey for Windows which was last updated ... on television, CNBC, in 2001. In addition to Value Line Publishing LLC, the Company s other wholly owned subsidiaries include Vanderbilt Advertising Agency, Inc., Compupower Corporation and Value ... and distributor of the Value Line Family of Mutual Funds. ref http www.valueline.com About Quick ... G. Vartan title Arnold Bernhard Is Dead at 86 Led Value Line Investor Service url http www.nytimes.com 1987 12 23 obituaries arnold bernhard is dead at 86 led value line investor service.html work ...   more details



  1. Activision Value

    Infobox company company name Activision Value Publishing, Inc. company logo Image Activision Value Logo.jpg center company type Public company Public company slogan foundation 2001 in video gaming 2001 location Eden Prairie, Minnesota Eden Prairie , Minnesota key people num employees industry Computer and video game industry Computer video game s and computer program program s owner Activision Blizzard revenue homepage http www.activisionvalue.com Activisionvalue.com products Activision Value Publishing, Inc. is an United States American computer and video game company , a merger of Activision , Expert Software and Head Games Publishing . The company was established in 2001, and became best known for developing and publishing dozens of programs including game s, reference CD ROM s, clip art collections, and educational programs . Products Some of the products that Activison Value have produced include Alcatraz Prison Escape 2001 The History Channel Civil War A Nation Divided 2006 History Civil War Secret Missions 2008 Big Rigs Over the Road Racing 2004 Soldier of Fortune Payback 2007 Some games published under Expert Software include Pie in the Sky game engine Terminal Terror Terminal Terror 1994 External links http www.activisionvalue.com Activision Value official website http www.prnewswire.com cgi bin stories.pl?ACCT 104&STORY www story 04 21 1999 0000915593&EDATE Activision acquires Expert Software http www.prnewswire.com cgi bin stories.pl?ACCT 104&STORY www story 07 01 1998 0000698686&EDATE Activision acquires Head Games Publishing Category Activision Category Companies based in Eden Prairie, Minnesota Category Companies established in 2001 Category Video game companies of the United States Activision stub US videogame company stub es Activision Value ...   more details



  1. Value judgment

    for an objective, verifiable , public, and consensual set of evidence for the opinon . In its disparaging sense the term value judgment implies a conclusion is insular, one sided, and not objective contrasting with judgments based upon deliberation, balance and public evidence. Value judgment ...A value judgment is a judgment of the right ethics rightness or wrong ness of something, or of the usefulness of something, based on a comparison or other Relativism relativity . As a generalization, a value ... values values or on a particular value system . A related meaning of value judgment is an expedient ... be made on short notice. Explanation The term value judgment can be used objectively to refer to any ... both in a positive sense, signifying that a judgment must be made taking a value system into account ... positive sense,a recommendation to make a value judgment is an admonition to consider carefully ... to be incomplete and evolving, for example, a value judgment on whether to launch a military attack ... limitations. Most commonly the term value judgment refers to an individual s opinion. Of course, the individual .... So a natural extension of the term value judgment is to include declarations seen one way from one value system, but which may be seen differently from another. Conceptually this extension of definition ... are not universal truths, but stem from cultural context . In the pejorative sense, a value judgment formed within a specific value system may be parochial, and may be subject to dispute in a wider ... sense of value judgment it expresses avoidance of personal opinion and reflex knee jerk ... right or wrong, and so must be made on a personal basis. Value neutral Value neutral is a related adjective suggesting independence from a value system. For example, the classification ... itself might be considered value neutral being neither good nor bad, neither useful nor useless ... technology is value neutral, see Martin and Schinzinger, ref name Martin cite book author Mike W ...   more details



  1. Relative value

    Relative value may refer to Relative value economics Relative value philosophy Relative Value Units in healthcare systems disambig Long comment to avoid being listed on short pages ...   more details



  1. Letter value

    Letter value or value of the letter may refer to Phonetic value of the letter Numeric value of a letter from the alphabet in some numeric systems Numeric value of a letter in Scrabble and some other word games disambig ...   more details



  1. Exchange value

    b Marxism In political economy and especially Marxian economics , exchange value refers to one of four ... on the market . The other three aspects are use value , value economics value and price . Thus, a commodity has a value economics value a use value or utility an exchange value a price it could ... of economic thought about exchange value. Exchange value and price according to Marx Strictly speaking, the exchange value of a commodity is for Marx not identical to its price, but represents rather what quantity of other commodities it will exchange for, if traded. Exchange value does not need ... of the forms of value in the first chapters of Das Kapital see value form . Actually, the word ... meaning reward, prize, value, worth, referring back to the notion of recompense , or what was given ... exchange value in terms of prices, using money. Exchange value and commodification In the first ... being that a commodity s exchange value can be expressed simply in a notional quantity of money ... value manifests itself as something totally independent of their use value. But if we abstract from their use value, there remains their value, as has just been defined. The common factor in the exchange relation, or in the exchange value of the commodity, is therefore its value. Vintage Penguin ... S1 This first part says that the value of commodities as they are exchanged for each other or when stated in terms of money units, their prices are very different from their value in use to human beings, their use value . Next, Marx describes how he had abstracted from the differences in use value .... He famously claimed to find that what s left is that all commodities have value or labor value , the abstract ... division of labor . Each commodity is a social product by nature. Third, value is not the same thing as exchange value or price . Rather, the value is the shared characteristic of the exchange ... it the essence. In contrast, the exchange value represents the appearance or form of expression of value ...   more details



  1. Value theory

    , it has exchange value, even though it may have a negative public good or even be bad for a person ...Unreferenced date December 2009 Value theory encompasses a range of approaches to understanding how, why and to what degree people should value things whether the thing is a person, idea, object, or anything ... . Today much of value theory is science scientifically empirical , recording what people do value and attempting to understand why they value it in the context of psychology , sociology , and economics ... and value theory, which is more general in scope. Sociology Main Value personal and cultural In sociology , value theory is concerned with personal values which are popularly held by a community ... of value economics Economic analysis emphasizes goods sought in a market and tends to use the consumer s choices as evidence revealed preference that various products are of economic value . In this view ... in the marketplace or its exchange value , versus perceived intrinsic and experiential goods to the buyer ... goods can conflict. The value of natural goods is challenged by such issues as Substance use .... In Ecological Economics value theory is separated into two types Donor type value and receiver type value. Ecological economists tend to believe that real wealth needs a donor determined value as a measure ... of receiver type value is market value , or willingness to pay , the principal method of accounting used in neo classical economics. In contrast both, Marx s Labour Theory of Value and the Emergy concept are conceived as donor type value. Emergy theorists believe that this conception of value has .... Ethics and Axiology Main Value ethics Intuitively, theories of value must be important to ethics . A number of useful distinctions have been made by philosophers in the treatment of value. Intrinsic and instrumental value Main Intrinsic value ethics Instrumental value Many people find it useful to distinguish instrumental value and intrinsic value ethics intrinsic value s , first discussed by Plato ...   more details



  1. Universal value

    Something is of universal value if it has the same value or worth for all, or almost all, people. This claim ... value when everybody finds it valuable. This was Isaiah Berlin s understanding of the term. According .... 37 ref Second, something could have universal value when all people have reason to believe it has value. Amartya Sen interprets the term in this way, pointing out that when Mahatma Gandhi argued that non violence is a universal value, he was arguing that all people have reason to value non violence, not that all people currently value non violence. ref Reference idSen1999 Sen 1999 , p. 12 ref Many different things have been claimed to be of universal value, for example, fertility , ref Reference ... . ref Reference idSen1999 Sen 1999 ref The issue of whether anything is of universal value, and, if so ... are axiology and value theory , but values also play an important role in ethics , aesthetics and political philosophy . Ethics and universal value Universal value plays a different role in virtue ethics ... that lead to a result that has universal value. ref Reference idPettit1996 Pettit 1996 , p ... are the only things that are of universal Intrinsic value ethics intrinsic value that is, that pleasure and pain are the only things that are valued for themselves, and other things are of value ... that utilitarians who hold pleasure and pain to be the only things of universal value then argue that actions ... universal values and ten types of universal value. ref Reference idSchwartz1994 Schwartz 1994 ref Schwartz s ten types of universal value are Power sociology power , achievement, hedonism , stimulation ... , and security . Below are each of the value types, with the specific related values alongside Power ... an eleventh possible universal value, spirituality , or the goal of finding meaning of life meaning ... Human Rights Universal Declaration of Human Rights Value system Notes Reflist References ... Mason, Elinor, 2006 . http plato.stanford.edu entries value pluralism Value pluralism . In The Stanford ...   more details



  1. Investment value

    Investment value is the value of a property to a particular investor. In the U.S. and U.K., it is equal to market value for the investor who has the capacity to put the property to good use its highest and best use, its most valuable use. For other investors with limited capacity or vision, investment value is lower because they cannot put the property to use in a way that is maximally productive. International Valuation Standards The current edition of International Valuation Standards Committee International Valuation Standards IVS 2011 defines Investment Value in a way which allows for either a higher value than market value or a lower value than market value Investment value the value of an asset to the owner or a prospective owner for individual investment or operational objectives. ref International Valuation Standards 2011 ref Investment Value is a subjective measure of value, a value in use , whilst market value Market Value is an objective value in exchange . As defined in IVS2, Investment Value is the valuation equivalent of the accounting accountancy concept of Value in use . Whereas IFRS s define the accountancy concepts of fair value and Value in use in operational terms, IVSs define Market Value and Investment Value by way of generalised definitions. References references DEFAULTSORT Investment Value Category Real estate valuation Category Valuation ...   more details




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