Value

Value is a broad concept of ideas which refer to the process by which humans measure the worth of physical goods, services or ideas in terms of a fitness function which assigns subjective or objective measure to the referent.

There are many different types of value definitions that occur in different disciplines. This list is not exhaustive.

• Market value
• Fundamental value
• Exchange value
• Present value
• Sign value
• Use value
• Terminal value

References

1. Schroeder, Mark. "Value theory." (2008).