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Imputation (economics)

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Revision as of 03:26, 31 July 2011 by 114.44.2.115 (talk) (Created page with "According to Austrian value theory, the value of higher order goods is derived from the value of the lower order goods they produce. In other words, value is imputed from lower ...")
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According to Austrian value theory, the value of higher order goods is derived from the value of the lower order goods they produce. In other words, value is imputed from lower orders to higher orders. Ultimately the value of all goods are imputed from the value of consumers' goods.

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