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Business:Value

Page history last edited by woepwoep@gmail.com 14 years, 7 months ago

Business:Value

 

Value is a Space where Source:Love is stored for later usage.

 

In terms of Attention:Emotion, value means importance (from in- + portare to carry)

In terms of Attention, importance means quantity of Attention. Very important = i'm paying a LOT of Attention.

 

An items value doesn’t change when its supply changes, unless the value of the item is specifically dependent on the supply (collector items, money, bragging items).

Value is merely the top limit of the price. When supply is scarce, the value will be very near the selling price. However, the more abundant a goods is (air, water, copies), the bigger a difference you get between value and price.

So, goods that become super abundant still maintain their worth. You just can’t charge for them, since the supply outreaches the demand.

Posted by Wildclaw on February 2, 2008 at 9:00 AM

(source: http://www.kk.org/thetechnium/archives/2008/01/better_than_fre.php

 

Category: Business

 

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