BROWSE

Values

What is 'Values'

The worth of a nonforfeiture clause that specifies that an insured party would receive the equity from a life insurance policy, in the event that the policy were canceled because the premium payments were not made. The policy's value would be returned to the policy holder in some manner, either through a partial refund of the premiums that had been paid to date, or through the payment of a portion of the benefits.

Explaining 'Values'

Life insurance policy holders can select one of four nonforfeiture benefit options: the cash surrender value, extended term insurance, loan value and paid-up insurance. If the policy holder does not make a selection, the terms of the policy will generally stipulate which option would go into effect, in the event that the policy lapses or is surrendered.


Further Reading


Attitudes to economic risk taking, sensation seeking and values of business students specializing in finance
www.tandfonline.com [PDF]
… Do students who choose this orientation have values, attitudes, and personalities that differ from other business and economics students and from the general population? There is little previous research on students of finance …

The homevoter hypothesis: How home values influence local government taxation, school finance, and land-use policiesThe homevoter hypothesis: How home values influence local government taxation, school finance, and land-use policies
www.jstor.org [PDF]
… Do students who choose this orientation have values, attitudes, and personalities that differ from other business and economics students and from the general population? There is little previous research on students of finance …

Identifying the impacts of rail transit stations on residential property valuesIdentifying the impacts of rail transit stations on residential property values
www.sciencedirect.com [PDF]
… Do students who choose this orientation have values, attitudes, and personalities that differ from other business and economics students and from the general population? There is little previous research on students of finance …

Red and blue investing: Values and financeRed and blue investing: Values and finance
www.sciencedirect.com [PDF]
… Do students who choose this orientation have values, attitudes, and personalities that differ from other business and economics students and from the general population? There is little previous research on students of finance …

Misspecification of capital asset pricing: Empirical anomalies based on earnings' yields and market valuesMisspecification of capital asset pricing: Empirical anomalies based on earnings' yields and market values
www.sciencedirect.com [PDF]
… Do students who choose this orientation have values, attitudes, and personalities that differ from other business and economics students and from the general population? There is little previous research on students of finance …

Does tax increment financing raise urban industrial property values?Does tax increment financing raise urban industrial property values?
journals.sagepub.com [PDF]
… Do students who choose this orientation have values, attitudes, and personalities that differ from other business and economics students and from the general population? There is little previous research on students of finance …

Do tax increment finance districts stimulate growth in real estate values?Do tax increment finance districts stimulate growth in real estate values?
onlinelibrary.wiley.com [PDF]
… Do students who choose this orientation have values, attitudes, and personalities that differ from other business and economics students and from the general population? There is little previous research on students of finance …



FAQ


What is the definition of value?

Value is any economic theory that attempts to explain the exchange value or price of goods and services.

What does labor have to do with determining value?

Labor was considered the most important measurement tool when considering value.

Who believed in this idea, but also had critics?

Adam Smith agreed with certain aspects of labor theory of value, but believed it did not fully explain price and profit. I""

What are some key questions in economic theory?

Key questions in economic theory include why goods and services are priced as they are, how the value of goods and services comes about, and for normative theories how to calculate the correct price of goods and services (if such a value exists).

How would you describe classical views on values?

Classical views on values can be described as an attempt to understand prices by looking at costs involved in production.

Why did Adam Smith believe labor was not sufficient for explaining prices?

Adam Smith believed that labor was not sufficient for explaining prices because it could only account for part of what determined a good's price.

Who else contributed to early ideas on values besides Adam Smith ?

David Ricardo , Thomas Robert Malthus , John Stuart Mill , Karl Marx , Alfred Marshall , Leon Walras , Vilfredo Pareto .

What were some other early ideas on values besides those mentioned above ?

Other early ideas included cost-of-production theories, subjective theories, marginal utility theories, indifference curve analysis (theory), opportunity cost theories (costs), supply/demand analysis (prices) etc., which all contributed toward modern day economics .

What were some criticisms against these early contributions ?

Some criticisms against these early contributions include lack of empirical evidence; lack of ability

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