Economics Dictionary of ArgumentsHome
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| Induced Value Theory - Economics Dictionary of Arguments | |||
| Induced Value Theory: Induced Value Theory (IVT) explores how individuals assign value to things based on external influences, such as societal norms, marketing, or peer influence. It suggests that values are shaped by external factors rather than inherent qualities of an object or idea, impacting how people perceive and prioritize certain values in society. See also Value theory, Price, Economy, Economics, Markets._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
| Author | Item | More concepts for author | |
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| Economic Theories | Induced Value Theory | Economic Theories | |
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Ed. Martin Schulz, access date 2024-04-25 | |||
