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value

A Wisdom Archive on value

value

A selection of articles related to value

value, Value, Value - Computer science, Value - Economics, Value - Law, Value - Marketing, Value - Mathematics, Value - Personal and cultural values, Anthropological theories of value, Fair value for more general discussions of economic value., Moral character

ARTICLES RELATED TO value

value: Encyclopedia II - Production of antibiotics - Identifying useful antibiotics

Despite the wide variety of known antibiotics, less than 1% of antimicrobial agents have any medical or commercial value. The most commonly known antibiotic, Penicillin has a highly selective toxicity and therapeutic index (as eukaryotic animal cells do not contain peptidoglycan, they are usually unaffected by it). This is not so for many antibiotics. Others simply lack advantage over the antibiotics already in use, or have no other practical applications. In order to identify the useful antibiotics, a process of screening is often em ...

See also:

Production of antibiotics, Production of antibiotics - Identifying useful antibiotics, Production of antibiotics - Industrial production techniques, Production of antibiotics - Strains used for production

Read more here: » Production of antibiotics: Encyclopedia II - Production of antibiotics - Identifying useful antibiotics

value: Encyclopedia II - Constant capital - Measurement

Constant capital can be measured as a stock magnitude, i.e., the total value of means of production in use at a specific point in time. It can also be measured as a flow magnitude, i.e., the total value of raw materials and fixed means of production used up in an accounting period. Which measure is used depends on the purposes and assumptions of one's analysis, for example whether one is interested in the unit-costs of outp ...

See also:

Constant capital, Constant capital - Measurement, Constant capital - Why constant?, Constant capital - Variable capital, Constant capital - Criticism, Constant capital - Marxist response, Constant capital - Value and price, Constant capital - The fetish of capital, Constant capital - Different capital compositions

Read more here: » Constant capital: Encyclopedia II - Constant capital - Measurement

value: Encyclopedia II - Market capitalization - Valuation

Main article: business valuation Market capitalization is a function of the price of a firm's stock and may not accurately reflect intrinsic value because of varying future expectations held by investors. It is common for a firm's market capitalization to exceed "book value" (shareholders' equity) because market prices tend to increase at a quicker pace than earnings accumulate due to value placed on expected future growth. For instance, in the late 1990s the shares of Internet-related companies were highly valued by the market, and tiny companies with almost no sales (but high growth) generated ...

See also:

Market capitalization, Market capitalization - Valuation, Market capitalization - Float, Market capitalization - Categorization of companies by market cap, Market capitalization - Examples, Market capitalization - Levels, Market capitalization - Lists

Read more here: » Market capitalization: Encyclopedia II - Market capitalization - Valuation

value: Encyclopedia II - Metaphysics of Quality - The MOQ according to Pirsig

The MOQ divides Quality into two forms: static quality patterns (patterned) and Dynamic Quality (unpatterned). The four patterns of static value as well as Dynamic Quality account exhaustively for all of reality. As the initial (cutting edge) Dynamic Quality become habituated, it turns into static patterns. It is important to note that Pirsig is not proposing a duality: Quality is one, yet manifests itself diffe ...

See also:

Metaphysics of Quality, Metaphysics of Quality - Robert M. Pirsig, Metaphysics of Quality - Howard T. Odum, Metaphysics of Quality - Development of Pirsig's thought, Metaphysics of Quality - The MOQ according to Pirsig, Metaphysics of Quality - Quality, Metaphysics of Quality - Books

Read more here: » Metaphysics of Quality: Encyclopedia II - Metaphysics of Quality - The MOQ according to Pirsig

value: Encyclopedia II - List of paradoxes - Logical except mathematical

List of paradoxes - Semantic paradoxes. These form a well-known (and well-studied) class having in common that any permissible assignment of semantic value (truth, reference) to an expression immediately implies the assignment of a different value. Berry paradox: What is "The first number not nameable in under ten words"? (And has it not just been named in nine?) Curry's paradox: "If this sentence is true, the world will end in a week." Epimenides paradox: A Cretan says "All Cretans ...

See also:

List of paradoxes, List of paradoxes - Logical except mathematical, List of paradoxes - Semantic paradoxes, List of paradoxes - Vagueness, List of paradoxes - Mathematical and statistical, List of paradoxes - Infinity, List of paradoxes - Geometry and topology, List of paradoxes - Psychological and rational, List of paradoxes - Physical, List of paradoxes - Philosophical, List of paradoxes - Economic

Read more here: » List of paradoxes: Encyclopedia II - List of paradoxes - Logical except mathematical

value: Encyclopedia II - Internal energy - Measurement

Internal energy U cannot be measured directly. There is an arbitrary zero reference value, just as there is for gravitational potential energy. Only its change ΔU can be measured, and this is where Q is heat added to the system (measured in joules in SI) ±W is work done on the system (measured in joules in SI) ΔU is the value of the internal energy after a process minus its value before, independent of the arbitrary sign convention used for the second ter ...

See also:

Internal energy, Internal energy - Measurement

Read more here: » Internal energy: Encyclopedia II - Internal energy - Measurement

value: Encyclopedia II - Informal economy - History

Governments have tried to regulate (formalize) aspects of their economies for as long as surplus wealth has existed which is at least as early as Sumer. Yet no such regulation has ever been wholly enforceable. Archaeological and anthropological evidence strongly suggests that people of all societies regularly adjust their activity within economic systems in attempt to evade regulations. Therefore, if informal economic activity is that which goes unregulated in an otherwise regulated system then informal economies are as old as their formal c ...

See also:

Informal economy, Informal economy - Definition, Informal economy - History, Informal economy - Some Facts

Read more here: » Informal economy: Encyclopedia II - Informal economy - History

value: Encyclopedia II - Strategic planning - Methodologies

Most strategic planning methodologies depend on a three-step process (sometimes called the STP process): Situation - evaluate the current situation and how it came about Target - define goals and/or objectives (sometimes called ideal state) Path - map a possible route to the goals/objectives An alternative approach, although equally effective is called Draw-See-Think Draw - what is the ideal image or the desired end state? See - what is today's situation? What is the g ...

See also:

Strategic planning, Strategic planning - Methodologies, Strategic planning - Goals objectives and targets, Strategic planning - Mission statements and vision statements, Strategic planning - Why strategic plans fail

Read more here: » Strategic planning: Encyclopedia II - Strategic planning - Methodologies

value: Encyclopedia II - Capitalism - Characteristics of capitalist economies

A set of broad characteristics are generally agreed on by both advocates and critics of capitalism. These are a private sector, private property, free enterprise, profit, unequal distribution of wealth, competition, self-organization (or catallaxy), the existence of markets (including the labor market) and the pursuit of self-interest. An economy with a large amount of intervention - which may include state ownership of some of the means of production - in combination with some free market characteristics is sometimes referred ...

See also:

Capitalism, Capitalism - Etymology, Capitalism - Capitalist theory, Capitalism - Contrasts with capitalism, Capitalism - History of capitalism, Capitalism - Capitalism as a theory, Capitalism - Capitalism as a practice, Capitalism - Characteristics of capitalist economies, Capitalism - Private ownership of the means of production, Capitalism - Free market, Capitalism - Profit, Capitalism - Self interest, Capitalism - Private enterprise, Capitalism - Economic growth, Capitalism - Economic mobility, Capitalism - Self-organization, Capitalism - Indices of economic freedom, Capitalism - Which economies are capitalist?, Capitalism - Criticisms of capitalism, Capitalism - Unequal distribution of wealth and income, Capitalism - Employment/unemployment, Capitalism - Marxist critique of capitalism, Capitalism - Capitalism in decline or on the rise?, Capitalism - Sustainability, Capitalism - Human rights violations imperialism and democracy, Capitalism - Notes

Read more here: » Capitalism: Encyclopedia II - Capitalism - Characteristics of capitalist economies

value: Encyclopedia II - Function mathematics - Introduction

The modern idea of a mathematical function was introduced by Leibniz, and the associated notation y = f(x) was invented by Leonhard Euler, in the 18th century. But the intuitive idea of a function as any rule or procedure that assigns an output to each given input proved to be naive. Joseph Fourier, for example, claimed that every function had a Fourier series, something no mathematician would claim today. The concept of a function was not put on a rigorous basis u ...

See also:

Function mathematics, Function mathematics - Introduction, Function mathematics - Functions of more than one variable, Function mathematics - History, Function mathematics - Formal definition, Function mathematics - Domains codomains and ranges, Function mathematics - Injective surjective and bijective functions, Function mathematics - Images and preimages, Function mathematics - Graph of a function, Function mathematics - Examples of functions, Function mathematics - Properties of functions, Function mathematics - Ambiguous functions, Function mathematics - n-ary function: function of several variables, Function mathematics - Composing functions, Function mathematics - Inverse function, Function mathematics - Restrictions and extensions, Function mathematics - Pointwise operations, Function mathematics - Computable and non-computable functions, Function mathematics - Functions from the categorical viewpoint

Read more here: » Function mathematics: Encyclopedia II - Function mathematics - Introduction

value: Encyclopedia II - Assignment computer science - Operation

Semantically, an assignment operation modifies the current state of the executing program: The expression is evaluated in the current state of the program. The variable is assigned the computed value, replacing the prior value of that variable. Example: Assuming that a is a numeric variable, the assignment a := 2*a means that the content of the variable a is doubled after the execution of the statement. An example segment of C code: ...

See also:

Assignment computer science, Assignment computer science - Notation, Assignment computer science - Operation, Assignment computer science - Assignment versus equality

Read more here: » Assignment computer science: Encyclopedia II - Assignment computer science - Operation

value: Encyclopedia II - Međimurje County - Physical characteristics

The county covers the plains between the rivers of Mura and Drava, (Mur and Drau in German), both of which occasionally flood and frequently change their paths. The Mura divides Croatia from Slovenia (Prekmurje) and also from another administrative entity, Varaždinska županija, just to the south. The county's elevation ranges between 120 m and Mohokos's 344 m above sea level. In the Upper Medjimurje, in the west, the Mura changes its course, moving it in terms of geology slowly toward the north. There were occasional earthquakes her ...

See also:

Međimurje County, Međimurje County - Physical characteristics, Međimurje County - People municipalities language cuisine, Međimurje County - Administrative division, Međimurje County - County government, Međimurje County - Communication and transport, Međimurje County - Business and economy, Međimurje County - Resources, Međimurje County - History, Međimurje County - Miscellaneous, Međimurje County - Local notable people

Read more here: » Međimurje County: Encyclopedia II - Međimurje County - Physical characteristics

value: Encyclopedia II - Blank check - Metaphoric meaning

The metaphor of the "blank check" is thus often used in politics. For example, in the US the Gulf of Tonkin Resolution has been called a "blank check," for it gave the President the power to "take all necessary measures" to prevent "aggression" in Southeast Asia. These powers were then used to escalate the Vietnam War. Many in the Congress protested, but were helpless to do so, for the Tonkin resolution's terms were too subjective to enforce. This term was also used to describe how the Kaiser of Germany told Austria-Hungary officials ...

See also:

Blank check, Blank check - Literal meaning, Blank check - Metaphoric meaning, Blank check - In literature, Blank check - Blank Check Company

Read more here: » Blank check: Encyclopedia II - Blank check - Metaphoric meaning

value: Encyclopedia II - Algebraic data type - An example

For example, in Haskell we can define a new algebraic data type, Tree: data Tree = Empty | Leaf Int | Node Tree Tree or in OCaml syntax: type tree = Empty | Leaf of int | Node of tree * tree Here, Empty, Leaf and Node are the constructors. They are used much like functions in that they can be (partially) applied to arguments of the appropriate type. For instance, Leaf has the functional type Int -> Tree meaning that giving an integer as an argument to Leaf produces a value of the type Tree. As Node takes two arguments o ...

See also:

Algebraic data type, Algebraic data type - An example, Algebraic data type - Theory, Algebraic data type - Reference

Read more here: » Algebraic data type: Encyclopedia II - Algebraic data type - An example

value: Encyclopedia II - Resource Description Framework - Examples

Resource Description Framework - Example 1: The postal abbreviation for New York. Certain concepts in RDF are taken from logic and linguistics, where subject-predicate and subject-predicate-object structures have meanings similar to, yet distinct from, the uses of those terms in RDF. This example demonstrates: In the English language statement 'New York has a postal abbreviation which is NY' , 'New York' would be the subject, 'postal ...

See also:

Resource Description Framework, Resource Description Framework - History, Resource Description Framework - Ontologies, Resource Description Framework - Query and inference languages, Resource Description Framework - Resource identification, Resource Description Framework - Examples, Resource Description Framework - Example 1: The postal abbreviation for New York, Resource Description Framework - Statement reification and context, Resource Description Framework - Applications

Read more here: » Resource Description Framework: Encyclopedia II - Resource Description Framework - Examples

value: Encyclopedia II - Robert Nozick - Nozick and the Gettier problem

Philosophical Explanations addresses many knotty issues, among them the problem of how to define knowledge in the wake of the work of Edmund Gettier, who had offered convincing counter-examples to the classical Platonic definition. Nozick offers a review of the (already in 1981 abundant) literature on this subject and then suggests his own solution, called the Truth-Tracking view. P is an instance of knowledge when: p is true S believes that p if p weren't true, S wouldn't belie ...

See also:

Robert Nozick, Robert Nozick - Nozick and the Gettier problem

Read more here: » Robert Nozick: Encyclopedia II - Robert Nozick - Nozick and the Gettier problem

value: Encyclopedia II - Reference computer science - Language support

In assembly languages, the first languages used, it is typical to express references using either raw memory addresses or indexes into tables. These work, but are somewhat tricky to use, because an address tells you nothing about the value it points to, not even how large it is or how to interpret it; such information is encoded in the program logic. The result is that misinterpretations can occur in incorrect programs, causing bewildering errors. One of the earliest opaque references was that of the Lisp cons cell, which is simply a ...

See also:

Reference computer science, Reference computer science - Address analogy, Reference computer science - Benefits of references, Reference computer science - Formal representation, Reference computer science - External and internal storage, Reference computer science - Language support, Reference computer science - Fortran, Reference computer science - Functional languages

Read more here: » Reference computer science: Encyclopedia II - Reference computer science - Language support

value: Encyclopedia II - Network effect - Examples

Network effect - Software. There are very strong network effects operating in the market for widely-used computer software. Take for example Microsoft Office. For many people choosing an office suite, prime considerations include how valuable having learned that office suite will prove to potential employers, and how well the software interoperates with other users. That is, since learning to use an office suite takes many hours, they want to invest that time learning the office suite that will make them most attractive to potential employers (or consulting clients, etc), and th ...

See also:

Network effect, Network effect - Network effect business models, Network effect - Examples, Network effect - Software, Network effect - Websites, Network effect - Network effects and technology lifecycle

Read more here: » Network effect: Encyclopedia II - Network effect - Examples

value: Encyclopedia II - Financial markets - Raising capital

To understand financial markets, let us look at what they are used for, i.e. what is their purpose? Without financial markets, borrowers would have difficulty finding lenders themselves. Intermediaries such as banks help in this process. Banks take deposits from those who have money to save. They can then lend money from this pool of deposited money to those who seek to borrow. Banks popularly lend money in the form of loans and mortgages. More complex transactions than a simple bank deposit require markets where lenders and th ...

See also:

Financial markets, Financial markets - Definition, Financial markets - Types of financial markets, Financial markets - Raising capital, Financial markets - Lenders, Financial markets - Borrowers, Financial markets - Derivative products, Financial markets - Currency markets, Financial markets - Financial markets in popular culture, Financial markets - Financial markets slang

Read more here: » Financial markets: Encyclopedia II - Financial markets - Raising capital

value: Encyclopedia II - David Gauthier - Morals by Agreement

Gauthier links morality to reason, and reason to practical reason, and practical reason to interest, which he identifies with "individual utility". He means subjective utility rather than objective utility as it figures in, say, David Brink's list of objective requirements for a good human life. And he means expected utility of an act's possible outcomes as exclusive of symbolic utility of the act itself, as in Robert Nozick's decision-value alternative to the s ...

See also:

David Gauthier, David Gauthier - Biography, David Gauthier - Contribution to political and moral philosophy, David Gauthier - Morals by Agreement, David Gauthier - Bibliography, David Gauthier - Works by Gauthier, David Gauthier - Selected secondary literature

Read more here: » David Gauthier: Encyclopedia II - David Gauthier - Morals by Agreement

value: Encyclopedia II - Customer experience management - CEM's critique of traditional marketing

The development of customer experience management originally started with a critique of three existing marketing concepts. It concluded that the following three concepts do not go far enough: Marketing concept--Since the 1970s there has been a gradual shift from a product-, technology-, and sales-focused orientation towards a customer- and market-oriented approach by determining the wants and needs of customers and satisfying them more efficiently or effectively as compared to competitors. However, the approach is still mostly f ...

See also:

Customer experience management, Customer experience management - CEM's critique of traditional marketing, Customer experience management - The CEM technique, Customer experience management - Examples of CEM

Read more here: » Customer experience management: Encyclopedia II - Customer experience management - CEM's critique of traditional marketing

value: Encyclopedia II - Default computer science - Examples

Default computer science - Computer input panel. One use of default parameters is for initial settings on input panels. For example, the first time a user runs a program it may suggest that the user's delivery address is in the United States. This default might be appropriate if more users of that program were in the US than any other country. If the user selected a new country, that would override the default, and perhaps become the default for the next time the program is used on that computer or by that user. ...

See also:

Default computer science, Default computer science - Examples, Default computer science - Computer input panel, Default computer science - TV or computer monitor, Default computer science - When to use computer program defaults, Default computer science - Computer language defaults

Read more here: » Default computer science: Encyclopedia II - Default computer science - Examples


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