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Value-freedom is a methodological position that the sociologist Max Weber offered that aimed for the researcher to become aware of their own values during their scientific work, to reduce as much as possible the biases that their own value-judgements could cause. [1] The demand developed by Max Weber is part of the criteria of scientific ...
[It] is the default theory, the theory that all discussants of rationality take for granted.”” [6]: 133 But he accepted the traditional proposition that instrumental rationality is incomplete because value-free. It only reveals value-free facts as means for pursuing fact-free self-interested utility.
The economic value of a good or service has puzzled economists since the beginning of the discipline. First, economists tried to estimate the value of a good to an individual alone, and extend that definition to goods that can be exchanged. From this analysis came the concepts value in use and value in exchange.
Value (ethics), concept which may be construed as treating actions themselves as abstract objects, associating value to them Axiology , interdisciplinary study of values, including ethical values Social imaginary , set of values, institutions, laws, and symbols common to a particular social group
Values of a society can often be identified by examining the level of honor and respect received by various groups and ideas. Values clarification differs from cognitive moral education:Respect. Value clarification consists of "helping people clarify what their lives are for and what is worth working for. It encourages students to define their ...
A value judgment (or normative judgement) is a judgment of the rightness or wrongness of something or someone, or of the usefulness of something or someone, based on a comparison or other relativity. As a generalization, a value judgment can refer to a judgment based upon a particular set of values or on a particular value system. A related ...
Value-based price, also called value-optimized pricing or charging what the market will bear, is a market-driven pricing strategy which sets the price of a good or service according to its perceived or estimated value. [1]
A value system includes the value chains of a firm's supplier (and their suppliers all the way back), the firm itself, the firm distribution channels, and the firm's buyers (and presumably extended to the buyers of their products, and so on). Capturing the value generated along the chain is the new approach taken by many management strategists.