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Value theory is the interdisciplinary study of values.Also called axiology, it examines the nature, sources, and types of values.Primarily a branch of philosophy, it is an interdisciplinary field closely associated with social sciences like economics, sociology, anthropology, and psychology.
The study of ethical value is also included in value theory. In addition, values have been studied in various disciplines: anthropology, behavioral economics, business ethics, corporate governance, moral philosophy, political sciences, social psychology, sociology and theology.
R.B.Perry, referred to by Frankena, and whose work The General Theory of Value [1926] was called "the magnum opus of the new approach" by the Encyclopædia Britannica, increased the total number of categories by adding to the fields of aesthetics, ethics and knowledge the three further fields of religion, economics and politics; [53] An earlier ...
Denis Goulet (27 May 1931 – 26 December 2006) [1] was a human development theorist and a founder of work on development ethics as an independent field of study. Goulet's definition of Development Ethics is that it is a field that examines the ethical and value questions related to development theory, planning, and practice.
In philosophy, axiological ethics is concerned with the values by which people uphold ethical standards, and the investigation and development of theories of ethical behaviour. [ 1 ] [ 2 ] [ 3 ] Axiological ethics investigates and questions what the intellectual bases for a system of values .
Circle chart of values in the theory of basic human values [1] The theory of basic human values is a theory of cross-cultural psychology and universal values developed by Shalom H. Schwartz. The theory extends previous cross-cultural communication frameworks such as Hofstede's cultural dimensions theory. Schwartz identifies ten basic human ...
Ethical value denotes something's degree of importance, with the aim of determining what action or life is best to do, or at least attempt to describe the value of different actions. In value theory, the study of ethical value includes the use of other disciplines, such as: anthropology, behavioral economics, business ethics, corporate ...
Anthropological theories of value attempt to expand on the traditional theories of value used by economists or ethicists.They are often broader in scope than the theories of value of Adam Smith, David Ricardo, John Stuart Mill, Karl Marx, etc. usually including sociological, political, institutional, and historical perspectives (transdisciplinarity).