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词条 Intrinsic theory of value
释义

  1. See also

  2. References

{{About|the philosophy of economic value|valuation of financial assets|Intrinsic value (finance)|the concept of intrinsic value in numismatics|Intrinsic value (numismatics)}}{{Refimprove|date=August 2007}}

An intrinsic theory of value (also called theory of objective value) is any theory of value in economics which holds that the value of an object, good or service, is intrinsic, meaning that it can be estimated using objective measures. Most such theories look to the process of producing an item, and the costs involved in that process, as a measure of the item's intrinsic value.

The labour theory of value is an early example of an intrinsic theory, which was originally proposed by Adam Smith and further developed by David Ricardo and Karl Marx and later disputed by Carl Menger who offered a subjective theory of value. Similarly, the physiocrats based their theory of value in the land.

See also

{{Portal|Business and economics}}
  • Marginalism
  • Socialist economics

References

  • {{Cite web|url=http://www.investorwords.com/2587/intrinsic_value.html|title=Intrinsic Value|last=Webfinace|first=|website=Investor words|date=|archive-url=|archive-date=|dead-url=|access-date=}}
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1 : Theory of value (economics)

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