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Towards a Dynamic Interpretation of Subjective and Objective Values

    Research output: Contributions to collected editions/worksContributions to collected editions/anthologiesResearchpeer-review

    Abstract

    Joseph Schumpeter once observed that “the fundamental explanatory principle of any system of economics is always a theory of value” (1997, 151). In this chapter we focus on the distinction between “objective” versus “subjective” values and offer a theoretical solution to resulting tensions in economic and managerial thought.
    Original languageEnglish
    Title of host publicationManagementperspektiven für die Zivilgesellschaft des 21. Jahrhunderts : Management als Liberal Art
    EditorsCamillo von Müller
    Number of pages21
    Place of PublicationHeidelberg
    PublisherGabler Verlag
    Publication date2014
    Pages45-65
    ISBN (Print)978-365802522-9
    ISBN (Electronic)978-3-658-02523-6
    DOIs
    Publication statusPublished - 2014

    Research areas and keywords

    • Management studies

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