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An Extension of Value Theory

David Friday

The Quarterly Journal of Economics, 1922, vol. 36, issue 2, 197-219

Abstract: Value theory moribund today, 198. — Renascence of value theory probable, 199. — Cassel's proposal, 200. — Future trend of price theory, 201. — Types of pecuniary values other than price, 203. — Actuarial valuation, 204. — Valuation under right of eminent domain, 207. — Valuation for purposes of rate-making, 208. — These valuations not special cases of price, 209. — Institutional nature of pecuniary valuation, 212. — The market has no monopoly of jfield of value, 217. — All valuation purposive, 219.

Date: 1922
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The Quarterly Journal of Economics is currently edited by Robert J. Barro, Lawrence F. Katz, Nathan Nunn, Andrei Shleifer and Stefanie Stantcheva

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