The theory of value structure concerns the meaning of “better than” and “good,” as well as the way in which values serve as a basis for rational decision making. Drawing methodologically from economics and theories of decision making, the aim of serious axiology in metaethics is to do justice to problems that have puzzled philosophers of value for centuries. Can value comparisons be cyclic? Are all values comparable with each other and can decision makers just add up different aspects of an evaluation to determine the best course of action? A Theory of Value Structure: From Values to Decisions starts with a thorough introduction to the modeling of “better than” comparisons from a normative perspective. In the philosophical part of the book, Erich H. Rast argues that aspects of “better than” comparisons can differ qualitatively so much that one aspect may outrank another. Consequently, the classical weighted sum aggregation model fails. Values cannot always be summed up and comparisons may be fundamentally noncompensatory, an indeterminacy that explains problems like the apparent nontransitivity of “better than” and hard cases in decision making. Using a lexicographic method of value comparisons, Rast develops a multidimensional theory of “better than” and shows how and to which extent it can be combined with standard methods of decision making under uncertainty by using rank-dependent utility theory.

The thesis of this book is to develop a theory of value covering all kinds of values, based on my unified utilitarian theory. It is unique and is different from all traditional and existing theories of value. Like the views of most psychologists and decision-scientists, value is asserted to be subjective in nature because value exists only for a subject. Value and value judgment are considered statistical in nature in three dimensions, namely in the dimensions of subject, object, and judge. This theory covers a modified von Neumann-Morgenstern utility theory as an integral part. The three conceptions of utility held by philosophers, economicsts, and decision-scientists are unified. The traditional and conventional classification of value into intrinsic and instrumental, which may lead to confusion, misunderstanding, and circularity, is not used. Instead, a classification based on the classification of good things in life according to the principle of exchangeability and replaceability is emphasized and used. A decision-theoretic approach is taken for the study of actions in life. All the actions in a person's life are for the pursuit of values, and all the values pursued are related, directly or indirectly, closely or remotely, to a life plan. Thus, this utilitarian general theory of value eventually leads to a philosophy of life, which is also consequential, teleological, and utilitarian.

This is the first book published in English on the new international value theory, presented by Yoshinori Shiozawa in 2007. Shiozawa submitted a solution to the question on international values since Ricardo by constructing a Ricardo–Sraffa model on trading economies with M countries and N commodities including intermediate inputs (normally M N). The new theory is based on the assumption that prices are determined by production costs, which is the property derived from the classical value theory. The papers collected here deal with the following: introducing readers to the new theory; presenting diagrammatic illustrations of the new theory; analysing efficient patterns of specialization allowing intermediate inputs; examining how the new theory gives a new horizon to the Neo-Ricardian trade theory; investigating competitiveness, the long-period method, and potentiality from the perspectives of the new theory; discussing Mill's conversion toward neoclassical revolution; scrutinizing how the concept of comparative advantage has developed and diverged from Ricardo’s trade theory; discussing the purification of Marshall's value theory through Mill’s influence; reviewing the controversies on international values among Japanese economists; considering the value-added trade based on the Ricardian value theory; and lastly giving a mathematical explanation of the definitions and theorems of the new theory./pp

Written before the impressive collapse of the socialist system in Eastern Europe, this book offers a quite objective and serious systematic analysis of the Marxian labor theory of value, Marx's main scientific legacy. After reconstructing the 'prototype' of this theory -- which is the theory as it was left by Marx himself in Capital -- the author proceeds to a careful and detailed analysis of its foundational problems, taking into account Böhm-Bawerk's important criticisms. After introducing advanced contemporary formal tools, the author proceeds to a thorough discussion of the dialectical method, just in order to tackle the foundational problems of the theory. He provides a formally precise and well motivated definition of abstract labor, and then proceeds to prove the existence of a measurement of abstract labor -- i.e. the existence of numerical labor-values. Using this result, the author provides rigorous axiomatic foundations for the theory of value and then proves the existence of a Marxian competitive equilibrium, which is tantamount to the proof of the possibility of reproduction for a capitalist economy. The author finishes the book by showing in detail how the problems of the prototype are solved, by reconstructing the Leontief model of the labor theory of value on the new logical bases. Written in a very clear style, in the language of contemporary philosophy of science, the book is of interest to philosophers of science and economists, applied logicians and all those interested in the scientific legacy of Karl Marx.

Recipient of the Jo Anne Stolaroff Cotsen Prize Scholars from Aristotle to Marx and beyond have been fascinated by the question of what constitutes value. The Construction of Value in the Ancient World makes a significant contribution to this ongoing inquiry, bringing together in one comprehensive volume the perspectives of leading anthropologists, archaeologists, historians, linguists, philologists, and sociologists on how value was created, defined, and expressed in a number of ancient societies around the world. Based on the basic premise that value is a social construct defined by the cultural context in which it is situated, the volume explores four overarching but closely interrelated themes: place value, body value, object value, and number value. The questions raised and addressed are of central importance to archaeologists studying ancient civilizations: How can we understand the value that might have been accorded to materials, objects, people, places, and patterns of action by those who produced or used the things that compose the human material record? Taken as a whole, the contributions to this volume demonstrate how the concept of value lies at the intersection of individual and collective tastes, desires, sentiments, and attitudes that inform the ways people select, or give priority to, one thing over another.

Building from foundations of modern science and cosmic evolution, as well as psychological and philosophical perspectives of value and meaning, this book explores some of humanity’s biggest questions: · Is the Universe “about something”? · What might be roles for life and intelligence in cosmic evolution? · How might we think about value, meaning, purpose, and ethics in a cosmic evolutionary context? The author explores how the sciences of relativity and quantum theory, combined with cosmic evolution and philosophical traditions such as process philosophy, contribute to the development of a broad “relationalist framework”. That framework helps inform perspectives such as “scientific minimalism” and “cosmological theories of value”. Cosmological Reverence, Cosmocultural Evolution, and the Connection-Action Principle are explored as examples of cosmological theories of value, all of which help inform how we might think about ethics, value, and meaning in a cosmic context – including application to the search for extraterrestrial life and the future of intelligence in the universe. This book will benefit a diverse range of practitioners in philosophy, science, and policy, including interdisciplinary fields such as Science and Society and cultural evolution studies. From the Foreword: “This volume ranges from the sciences of cosmic evolution, relativity, and quantum mechanics, to value theory and process philosophy, all with the goal of exploring how they relate to humanity in the sense of worldviews and meaning. With his three cosmological theories of value, Lupisella goes beyond the bounds of most books on naturalism, and into fundamental questions about the nature of the universe and our relation to it. To read Lupisella is to have a mind-boggling experience, to want to race to references, to want to know more.” Steven J. Dick Former Baruch S. Blumberg NASA/ Library of Congress Chair in Astrobiology Former NASA Chief Historian

This Handbook combines the forces of the many disciplines involved in value research and covers issues such as definitions of value and the role of value in emotion. The book contributes to an interdisciplinary dialogue by providing a common reference point to serve as a resource for disciplinary excellence and interdisciplinary cross-fertilization

Unified Theory of Concrete Structures develops an integrated theory that encompasses the various stress states experienced by both RC & PC structures under the various loading conditions of bending, axial load, shear and torsion. Upon synthesis, the new rational theories replace the many empirical formulas currently in use for shear, torsion and membrane stress. The unified theory is divided into six model components: a) the struts-and-ties model, b) the equilibrium (plasticity) truss model, c) the Bernoulli compatibility truss model, d) the Mohr compatibility truss model, e) the softened truss model, and f) the softened membrane model. Hsu presents the six models as rational tools for the solution of the four basic types of stress, focusing on the significance of their intrinsic consistencies and their inter-relationships. Because of its inherent rationality, this unified theory of reinforced concrete can serve as the basis for the formulation of a universal and international design code. Includes an appendix and accompanying website hosting the authors’ finite element program SCS along with instructions and examples Offers comprehensive coverage of content ranging from fundamentals of flexure, shear and torsion all the way to non-linear finite element analysis and design of wall-type structures under earthquake loading. Authored by world-leading experts on torsion and shear