Search Results - subject:"use-value"

The hidden objectivism of revealed-preference welfare economics

Kolmar, Martin - 2026

Revealed preference theory (RPT) and its behavioral extension (BRPT) underpin an important strand of welfare economics. Their normative appeal rests on the claim that welfare can be inferred from observed behavior without substantive assumptions about what agents should value - a property I call...

Persistent link: https://www.econbiz.de/10015609837

The non-market economy : use-values and the political economy of public services

Kinder, Tony - 2026

Chapter 1. Introduction -- Chapter 2. Values-To-Vauable Metrics -- Chapter 3. Use-Values and Nature -- Chapter 4. Use-Value … Producers -- Chapter 5. Use-Values Learning and Knowledge -- Chapter 6. Use-Values and Forms -- Chapter 7. Innovation and Use-Value …This book adapts Marx's concept of 'use-value' for the 21st century, offering a fresh perspective on our understanding …

Persistent link: https://www.econbiz.de/10015591860

Leaving money on the table

Alston, Mackenzie; Deryugina, Tatyana; Shurchkov, Olga - 2025

There is much disagreement about the extent to which financial incentives motivate study participants. We elicit preferences for being paid for completing a survey, including a one-in-twenty chance of winning a $100 electronic gift card, a guaranteed electronic gift card with the same expected...

Persistent link: https://www.econbiz.de/10015338735

Power and values : the gap between capitalist mindsets and capitalism

Amegashie, J. Atsu - 2025

According to the economics Nobel laureate, Kenneth Arrow, "… capitalism is a flawed system. It probably has the same virtues as Churchill attributed to democracy: It’s the worst system except for any other." Thus, capitalism is a necessary evil, but it is not inherently bad. I argue that...

Persistent link: https://www.econbiz.de/10015462546

The value theory puzzle : will asking the right questions lead to new results?

Laibman, David - In: World review of political economy : journal of the … 16 (2025) 3, pp. 402-433

To progress beyond the orthodoxy vs. skepticism divide, Marxist value theory must endorse both qualitative research into the social relations underlying economic phenomena and careful quantitative modeling. It must also accept scientific conclusions, wherever they may lead. New investigations...

Persistent link: https://www.econbiz.de/10015467831

Where is the labor theory of value in Adam Smith? : Adam Smith's value theory revisited

Hurtado, Jimena; Paganelli, Maria Pia - In: Journal of contextual economics : Schmollers Jahrbuch 143 (2023) 1/4, pp. 105-121

Commentators often follow David Ricardo in looking, especially, at chapters Vand VI of Book I of Adam Smith's Wealth of Nations as the place to find his theory of value. And most commentators attribute to Adam Smith some versions of a labor theory of value. But in those chapters, Smith is...

Persistent link: https://www.econbiz.de/10015423464

Leaving money on the table

Alston, Mackenzie; Deryugina, Tatyana; Shurchkov, Olga - 2025

There is much disagreement about the extent to which financial incentives motivate study participants. We elicit preferences for being paid for completing a survey, including a one-intwenty chance of winning a $100 electronic gift card, a guaranteed electronic gift card with the same expected...

Persistent link: https://www.econbiz.de/10015358997

Introduction to Marx's theory of value in chapter 1 of Capital : a critique of Heinrich's value-form interpretation

Moseley, Fred - In: World review of political economy : journal of the … 16 (2025) 4, pp. 578-597

This article is an introduction to my recent book Marx's Theory of Value in Chapter 1 of Capital: A Critique of Heinrich's Value-Form Interpretation . My book is a detailed textual study of Chapter 1 of Volume 1 of Capital and of Michael Heinrich's value-form interpretation of Chapter 1, as...

Persistent link: https://www.econbiz.de/10015592348

From addition to multiplication : the labour theory of value and the economic institutions of capitalism : part one: profit and surplus-value in light of transaction costs

Battistini, Alberto - 2022

Persistent link: https://www.econbiz.de/10013332485

The condition of alienation and the transformation of value into price in Karl Marx

Kadri, Jude - In: World review of political economy : journal of the … 15 (2024) 4, pp. 530-565

the domination of exchange value over use value). They are led to believe that the profit-embedded prices of the …

Persistent link: https://www.econbiz.de/10015325320