Value Theory

Value theory is an attempt to explain why, how, and to what degree people view some things as valuable. These items of value can be ideas, objects, a person or anything else that is tangible. This area of human inquiry has continued since ancient times, but in modern times it has come to mean a scientifically empirical search to understanding what people value and trying to understand it from the perspectives of psychology, sociology and economics.

See also: Value

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History of Psychology
History of Psychology