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  2. Value judgment - Wikipedia

    en.wikipedia.org/wiki/Value_judgment

    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 ...

  3. Criteria of truth - Wikipedia

    en.wikipedia.org/wiki/Criteria_of_truth

    Logical valueValue indicating the relation of a proposition to truth; Multi-valued logic – Propositional calculus in which there are more than two truth values; Münchhausen trilemma – Thought experiment used to demonstrate the impossibility of proving any truth; Pluralist theories of truth

  4. Subjective theory of value - Wikipedia

    en.wikipedia.org/wiki/Subjective_theory_of_value

    Since the subjective value holds that buyers use their own value judgements, the same goes for sellers, and thus the mechanism of production. Austrian economist Ludwig von Mises believes that production costs are determined by a seller's evaluations of their opportunity costs , or the sellers "marginal utility lost of having fewer of that good ...

  5. Value (ethics) - Wikipedia

    en.wikipedia.org/wiki/Value_(ethics)

    Values are one of the factors that generate behavior (besides needs, interests and habits) and influence the choices made by an individual. Values may help common human problems for survival by comparative rankings of value, the results of which provide answers to questions of why people do what they do and in what order they choose to do them.

  6. Positive and normative economics - Wikipedia

    en.wikipedia.org/wiki/Positive_and_normative...

    This is a normative statement, because it reflects value judgments; this specific statement makes the judgment that the benefits of the policy outweigh its costs. [ 2 ] Some earlier technical problems posed in welfare economics have had major impacts on work in applied fields such as resource allocation , public policy , social indicators, and ...

  7. Values are one of the factors that generate behavior (besides needs, interests and habits) and influence the choices made by an individual. Values may help common human problems for survival by comparative rankings of value, the results of which provide answers to questions of why people do what they do and in what order they choose to do them.

  8. Value tree analysis - Wikipedia

    en.wikipedia.org/wiki/Value_Tree_Analysis

    The goal of the value tree analysis process is to offer a well-organized way to think and discuss about alternatives and support subjective judgements which are critical for correct or excellent decisions. The phases of process of the value tree analysis is shown as below: Problem structuring: defining the decision context; identifying the ...

  9. Fact–value distinction - Wikipedia

    en.wikipedia.org/wiki/Fact–value_distinction

    Nietzsche asserts that what made people great was not the content of their beliefs, but the act of valuing. Thus the values a community strives to articulate are not as important as the collective will to act on those values. [10] The willing is more essential than the intrinsic worth of the goal itself, according to Nietzsche. [11] "A thousand ...