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An Introduction to the Theory of Value on the Lines of Menger, Wieser, and Böhm-Bawerk

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Author(s): William Smart
Publisher: Macmillan & Co.
Year: 1891

Language: English
Pages: 108
City: London

I. INTRODUCTORY, 1
II. THE ANALYSIS OF VALUE, 9
III. THE DIFFERENCE BETWEEN UTILITY AND VALUE, 13
IV. THE SCALE OF VALUE, 18
V. THE MARGINAL UTILITY, 28
VI. DIFFICULTIES AND EXPLANATIONS, 34
VII. COMPLEMENTARY GOODS, 40
VIII. SUBJECTIVE EXCHANGE VALUE, 45
IX. FROM SUBJECTIVE TO OBJECTIVE VALUE, 49
X. PRICE, 52
XL SUBJECTIVE VALUATIONS THE BASIS OF PRICE, 58
XII. COST OF PRODUCTION, 64
XIII. FROM MARGINAL PRODUCTS TO COST OF PRODUCTION 71 XIV. FROM COST OF PRODUCTION TO PRODUCT, 75
CONCLUSION, 81
APPENDIX TO PAGE 27, 85