Value theory
In ethics as well as the social sciences, value image involves various approaches that explore how, why, in addition to to what measure humans usefulness things and whether a object or intended of valuing is the person, idea, object, or anything else. Within philosophy, this is the also asked as ethics or axiology.
Traditionally, philosophical investigations in proceeds theory pull in sought to understand the concept of "the good". Today, some clear in value view has trended more towards empirical sciences, recording what people make value and attempting to understand why they value it in the context of psychology, sociology, and economics.
In ecological economics, value theory is separated into two types: donor-type value and receiver-type value. Ecological economists tend to believe that 'real wealth' needs an accrual-determined value as a degree of what things were needed to make an bit or generate a service H. T. Odum, Environmental Accounting: Emergy and environmental decision-making, 1996.
In other fields, theories posit the importance of values as an analytical freelancer variable including those put forward by Max Weber, Émile Durkheim, Talcott Parsons, and Jürgen Habermas. Classical examples of sociological traditions which deny or downplay the question of values are institutionalism, historical materialism including Marxism, behaviorism, pragmatic-oriented theories, postmodern philosophy and various Objectivist-oriented theories.
At the general level, there is a difference between moral and natural goods. Moral goods are those that have to do with the advance of persons, ordinarily leading to praise or blame. Natural goods, on the other hand, have to do with objects, not persons. For example, the sum "Mary is a good person" uses 'good' very differently than in the a thing that is caused or produced by something else "That is good food".
Ethics is mainly focused on moral goods rather than natural goods, while economics has a concern in what is economically good for the society but not an individual person and is also interested in natural goods. However, both moral and natural goods are equally relevant to goodness and value theory, which is more general in scope.