The Economics of Cost, Use, and Value

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Publisher :
ISBN 13 :
Total Pages : 232 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The Economics of Cost, Use, and Value by : Francis Seton

Download or read book The Economics of Cost, Use, and Value written by Francis Seton and published by . This book was released on 1992 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study proposes a new conceptual framework for an integrated analysis of prices and values. This system covers both factor- and commodity-valuations. More general than previously established standard systems, it provides a basic structure from which neo-classical, Marxian, and Sraffa-type price concepts can all be derived as special cases.

The Four Kinds of Economic Value

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Publisher :
ISBN 13 :
Total Pages : 152 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis The Four Kinds of Economic Value by : Correa Moylan Walsh

Download or read book The Four Kinds of Economic Value written by Correa Moylan Walsh and published by . This book was released on 1926 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Cost, Use, and Value

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Publisher : Oxford University Press, USA
ISBN 13 :
Total Pages : 204 pages
Book Rating : 4.:/5 (43 download)

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Book Synopsis Cost, Use, and Value by : Francis Seton

Download or read book Cost, Use, and Value written by Francis Seton and published by Oxford University Press, USA. This book was released on 1985 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a new conceptual scheme for an integrated analysis of prices and values. The proposed system covers both factor- and commodity-valuations and provides a framework from which neo-classical, Marxian, and Sraffa-type price concepts can be derived as special cases.

Priceless

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Publisher : ReadHowYouWant.com
ISBN 13 : 1459604253
Total Pages : 358 pages
Book Rating : 4.4/5 (596 download)

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Book Synopsis Priceless by : Frank Ackerman

Download or read book Priceless written by Frank Ackerman and published by ReadHowYouWant.com. This book was released on 2010-10 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: As clinical as it sounds to express the value of human lives, health, or the environment in cold dollars and cents, cost-benefit analysis requires it. More disturbingly, this approach is being embraced by a growing number of politicians and conservative pundits as the most reasonable way to make many policy decisions regarding public health and the environment. By systematically refuting the economic algorithms and illogical assumptions that cost-benefit analysts flaunt as fact, Priceless tells a ''gripping story about how solid science has been shoved to the backburner by bean counters with ideological blinders'' (In These Times). Ackerman and Heinzerling argue that decisions about health and safety should be made ''to reflect not economists' numbers, but democratic values, chosen on moral grounds. This is a vividly written book, punctuated by striking analogies, a good deal of outrage, and a nice dose of humor'' (Cass Sunstein, The New Republic). Essential reading for anyone concerned with the future of human health and environmental protection, Priceless ''shines a bright light on obstacles that stand in the way of good government decisions''.

An Introduction to the Theory of Value

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Publisher :
ISBN 13 :
Total Pages : 124 pages
Book Rating : 4.:/5 (89 download)

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Book Synopsis An Introduction to the Theory of Value by : William Smart

Download or read book An Introduction to the Theory of Value written by William Smart and published by . This book was released on 1910 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Value of Everything

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Publisher : Penguin UK
ISBN 13 : 0241188822
Total Pages : 384 pages
Book Rating : 4.2/5 (411 download)

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Book Synopsis The Value of Everything by : Mariana Mazzucato

Download or read book The Value of Everything written by Mariana Mazzucato and published by Penguin UK. This book was released on 2018-04-26 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: Who really creates wealth in our world? And how do we decide the value of what they do? At the heart of today's financial and economic crisis is a problem hiding in plain sight. In modern capitalism, value-extraction - the siphoning off of profits, from shareholders' dividends to bankers' bonuses - is rewarded more highly than value-creation: the productive process that drives a healthy economy and society. We misidentify takers as makers, and have lost sight of what value really means. Once a central plank of economic thought, this concept of value - what it is, why it matters to us - is simply no longer discussed. Yet, argues Mariana Mazzucato in this penetrating and passionate new book, if we are to reform capitalism - to radically transform an increasingly sick system rather than continue feeding it - we urgently need to rethink where wealth comes from. Who is creating it, who is extracting it, and who is destroying it? Answers to these questions are key if we want to replace the current parasitic system with a type of capitalism that is more sustainable, more symbiotic: that works for us all. The Value of Everything will reignite a long-needed debate about the kind of world we really want to live in.

Value Of Nothing

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Publisher : HarperCollins Canada
ISBN 13 : 1554688485
Total Pages : 254 pages
Book Rating : 4.5/5 (546 download)

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Book Synopsis Value Of Nothing by : Raj Patel

Download or read book Value Of Nothing written by Raj Patel and published by HarperCollins Canada. This book was released on 2010-06-06 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: As retirement funds shrink, savings disappear and houses are foreclosed on, now is a good time to ask a question for which every human civilization has had an answer: why do things cost what they do? The Value of Nothing tracks down the reasons through history, philosophy, neuroscience and sociology, showing why prices are always at odds with the true value of the things that matter most to us. Damien Hirst’s diamond-encrusted skull sold for a record $100 million at auction. But if we account for the possibility that blood diamonds were used (as many suspect), the human cost is even greater. A Big Mac might seem like the best deal in these economic times, but after analyzing the energy to produce each burger, from field to Happy Meal, Patel argues the real price tag is a whopping $200. But it is easiest to see the gap between price and value by looking at things that are so-called free. Examining everything from Google to TV, from love to thoughts, The Value of Nothing reveals the hidden social consequences of our global culture of “freedom.”

An Introduction to the Theory of Value on the Lines of Menger, Wieser, and Bohm-Bawerk

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Publisher :
ISBN 13 :
Total Pages : 124 pages
Book Rating : 4.:/5 (2 download)

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Book Synopsis An Introduction to the Theory of Value on the Lines of Menger, Wieser, and Bohm-Bawerk by : William Smart

Download or read book An Introduction to the Theory of Value on the Lines of Menger, Wieser, and Bohm-Bawerk written by William Smart and published by . This book was released on 1926 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Theory of Marginal Value

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Publisher :
ISBN 13 :
Total Pages : 378 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis The Theory of Marginal Value by : Laurits Vilhelm Birck

Download or read book The Theory of Marginal Value written by Laurits Vilhelm Birck and published by . This book was released on 1922 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Theory of Marginal Value

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Publisher : Routledge
ISBN 13 : 1135033412
Total Pages : 315 pages
Book Rating : 4.1/5 (35 download)

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Book Synopsis The Theory of Marginal Value by : L. V. Birck

Download or read book The Theory of Marginal Value written by L. V. Birck and published by Routledge. This book was released on 2013-04-15 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: The concept of 'marginal value' is critical to the emergence of neo-classical economics. This volume is divided into sections on: Book I: Utility (Disutility of labour, Utility and Wants, Direct and Indirect Utility, Utility Equations, Subjective Price) Book II: Value and Market (Objective Price, Markets, Value) Book III: Relations of Subjective Prices (The Distribution of Income and Prices, The Elasticity of Consumption, Differential Rent) Book IV: The Normal Market (Constant, Decreasing and Increasing Return)

Valuing Ecosystem Services

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Publisher : National Academies Press
ISBN 13 : 030909318X
Total Pages : 291 pages
Book Rating : 4.3/5 (9 download)

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Book Synopsis Valuing Ecosystem Services by : National Research Council

Download or read book Valuing Ecosystem Services written by National Research Council and published by National Academies Press. This book was released on 2005-05-14 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nutrient recycling, habitat for plants and animals, flood control, and water supply are among the many beneficial services provided by aquatic ecosystems. In making decisions about human activities, such as draining a wetland for a housing development, it is essential to consider both the value of the development and the value of the ecosystem services that could be lost. Despite a growing recognition of the importance of ecosystem services, their value is often overlooked in environmental decision-making. This report identifies methods for assigning economic value to ecosystem servicesâ€"even intangible onesâ€"and calls for greater collaboration between ecologists and economists in such efforts.

Cost-Value Analysis in Health Care

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Publisher : Cambridge University Press
ISBN 13 : 9780521644341
Total Pages : 188 pages
Book Rating : 4.6/5 (443 download)

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Book Synopsis Cost-Value Analysis in Health Care by : Erik Nord

Download or read book Cost-Value Analysis in Health Care written by Erik Nord and published by Cambridge University Press. This book was released on 1999-09-28 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive account of what it means to quantify health in distributing resources for health care.

Exploring Health and Environmental Costs of Food

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Publisher : National Academies Press
ISBN 13 : 0309265835
Total Pages : 117 pages
Book Rating : 4.3/5 (92 download)

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Book Synopsis Exploring Health and Environmental Costs of Food by : National Research Council

Download or read book Exploring Health and Environmental Costs of Food written by National Research Council and published by National Academies Press. This book was released on 2012-12-28 with total page 117 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. food system provides many benefits, not the least of which is a safe, nutritious and consistent food supply. However, the same system also creates significant environmental, public health, and other costs that generally are not recognized and not accounted for in the retail price of food. These include greenhouse gas (GHG) emissions, soil erosion, air pollution, and their environmental consequences, the transfer of antibiotic resistance from food animals to human, and other human health outcomes, including foodborne illnesses and chronic disease. Some external costs which are also known as externalities are accounted for in ways that do not involve increasing the price of food. But many are not. They are borne involuntarily by society at large. A better understanding of external costs would help decision makers at all stages of the life cycle to expand the benefits of the U.S. food system even further. The Institute of Medicine (IOM) and the National Research Council (NRC) with support from the U.S. Centers for Disease Control and Prevention (CDC) convened a public workshop on April 23-23, 2012, to explore the external costs of food, methodologies for quantifying those costs, and the limitations of the methodologies. The workshop was intended to be an information-gathering activity only. Given the complexity of the issues and the broad areas of expertise involved, workshop presentations and discussions represent only a small portion of the current knowledge and are by no means comprehensive. The focus was on the environmental and health impacts of food, using externalities as a basis for discussion and animal products as a case study. The intention was not to quantify costs or benefits, but rather to lay the groundwork for doing so. A major goal of the workshop was to identify information sources and methodologies required to recognize and estimate the costs and benefits of environmental and public health consequences associated with the U.S. food system. It was anticipated that the workshop would provide the basis for a follow-up consensus study of the subject and that a central task of the consensus study will be to develop a framework for a full-scale accounting of the environmental and public health effects for all food products of the U.S. food system. Exploring Health and Environmental Costs of Food: Workshop Summary provides the basis for a follow-up planning discussion involving members of the IOM Food and Nutrition Board and the NRC Board on Agriculture and Natural Resources and others to develop the scope and areas of expertise needed for a larger-scale, consensus study of the subject.

The Economic Value of Information

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Publisher : Springer Science & Business Media
ISBN 13 : 1461214602
Total Pages : 405 pages
Book Rating : 4.4/5 (612 download)

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Book Synopsis The Economic Value of Information by : David B. Lawrence

Download or read book The Economic Value of Information written by David B. Lawrence and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 405 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Scope of This Book Popular culture often refers to current times as the Information Age, classifying many of the technological, economic, and social changes of the past four deca:les under the rubric of the Information Revolution. But similar to the Iron Age be fore it, the description "Information Age" suggests the idea that information is a commodity in the marketplace, one that can be bought and sold as an item of value. When people seek to acquire information yet complain about information overload, and when organizations invest millions in information systems yet are unable to pinpoint the benefits, perhaps this reflects a difficulty with the as sessment of the value of this commodity relative to its cost, an inability to dis cern the useless from the useful from the wasteful. The Information Age requires us to assess the value, cost, and gain from information, and to do it from several different viewpoints. At the most elementary level is the individual who perceives a need for in formation-her current state of knowledge is insufficient and something needs to be understood, or clarified, or updated, or forecast. There is a universe of al ternative information sources from which to choose, some more informative than others, some more costly than others. The individual's problem is to evalu ate the alternatives and choose which sources to access. An organization comprising many information-seeking employees and agents must take a somewhat broader viewpoint.

Ultimate Price

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Publisher : University of California Press
ISBN 13 : 0520383125
Total Pages : 231 pages
Book Rating : 4.5/5 (23 download)

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Book Synopsis Ultimate Price by : Howard Steven Friedman

Download or read book Ultimate Price written by Howard Steven Friedman and published by University of California Press. This book was released on 2021-05-05 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: How much is a human life worth? Individuals, families, companies, and governments routinely place a price on human life. The calculations that underlie these price tags are often buried in technical language, yet they influence our economy, laws, behaviors, policies, health, and safety. These price tags are often unfair, infused as they are with gender, racial, national, and cultural biases that often result in valuing the lives of the young more than the old, the rich more than the poor, whites more than blacks, Americans more than foreigners, and relatives more than strangers. This is critical since undervalued lives are left less-protected and more exposed to risk. Howard Steven Friedman explains in simple terms how economists and data scientists at corporations, regulatory agencies, and insurance companies develop and use these price tags and points a spotlight at their logical flaws and limitations. He then forcefully argues against the rampant unfairness in the system. Readers will be enlightened, shocked, and, ultimately, empowered to confront the price tags we assign to human lives and understand why such calculations matter.

The Economics of Resource Allocation in Health Care

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Publisher : Routledge
ISBN 13 : 1317291816
Total Pages : 293 pages
Book Rating : 4.3/5 (172 download)

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Book Synopsis The Economics of Resource Allocation in Health Care by : Andrea Klonschinski

Download or read book The Economics of Resource Allocation in Health Care written by Andrea Klonschinski and published by Routledge. This book was released on 2016-03-31 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: The question of how to allocate scarce medical resources has become an important public policy issue in recent decades. Cost-utility analysis is the most commonly used method for determining the allocation of these resources, but this book counters the argument that overcoming its inherent imbalances is simply a question of implementing methodological changes. The Economics of Resource Allocation in Health Care represents the first comprehensive analysis of equity weighting in health care resource allocation that offers a fundamental critique of its basic framework. It offers a critique of health economics, putting the discourse on economic evaluation into its broader socio-political context. Such an approach broadens the debate on fairness in health economics and ties it in with deeper-rooted problems in moral philosophy. Ultimately, this interdisciplinary study calls for the adoption of a fundamentally different paradigm to address the distribution of scarce medical resources. This book will be of interest to policy makers, health care professionals, and post-graduate students looking to broaden their understanding of the economics of the health care system.

Determining the Value of Non-Marketed Goods

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Publisher : Springer Science & Business Media
ISBN 13 : 9401153647
Total Pages : 337 pages
Book Rating : 4.4/5 (11 download)

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Book Synopsis Determining the Value of Non-Marketed Goods by : Raymond J. Kopp

Download or read book Determining the Value of Non-Marketed Goods written by Raymond J. Kopp and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contingent valuation (CV) measures what is called passive use value or existence value. The CV method has been used to measure the benefits of environmental policy actions. CV measures of economic value rely on choice. In CV studies, choices are posed to people in surveys; analysts then use the responses to these choice questions to construct monetary measures of value. The specific mechanism used to elicit respondents' choices can take a variety of forms, including asking survey respondents whether they would purchase, vote, or pay for a program or some other well-defined object of choice. It can also be a direct elicitation of the amount each respondent would be willing to pay (WTP) to obtain an object of choice or the amount each respondent would be willing to accept (WTA) in compensation to give it up. This volume is composed of three sections. The first section provides background into the issues underlying the public and academic discussion regarding CV and the reliability of CV estimates of economic value. In addition, this section reviews the theory underlying the measurement of economic value and discusses those aspects of the theory most relevant to CV. The second section focuses on issues that have formed the core of the CV discussions including: sensitivity of WTP estimates to the size of the program offered, tests for theoretical consistency of CV results, and the sensitivity of results to context and numerous other features of the survey and its administration. The final section addresses the application of CV to actual economic valuation tasks and discusses the types of practical problems the CV researcher will encounter.