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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.
During the final decade or so of his life, Hartman frequently delivered a series of lectures in which he outlined the need for a scientific theory of human values, the theoretical requirements demanded of an effective value theory, and his rationale behind the development of the particular value theory he developed, which he named formal axiology.
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 ...
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.
(In the case where the number of properties is countably infinite, the extrinsic dimension of value, the exposition as well as the mere definition of a specific concept is taken into consideration.) Hartman quantifies this notion by the principle that each property of the thing is worth as much as each other property, depending on the level of ...
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 ...
Ethics is closely connected to value theory, which studies the nature and types of value, like the contrast between intrinsic and instrumental value. Moral psychology is a related empirical field and investigates psychological processes involved in morality, such as reasoning and the formation of character.