Details

Autor(en) / Beteiligte

• Dey Biswas, Sattwick

Titel

Value: The Contemporary Ideas

Ist Teil von

• Land Acquisition and Compensation in India, 2019, p.81-109

Ort / Verlag

Switzerland: Springer International Publishing AG

Erscheinungsjahr

2019

Quelle

Alma/SFX Local Collection

Beschreibungen/Notizen

• This chapter explores the capabilities approach and land value, Davy’s (Land Policy: Planning and the Spatial Consequences of Property. Farnham: Ashgate, 2012) plural value, and the principles of value followed by professional valuation bodies such as RICS. In the end, the chapter produces a synthesis of historical evaluation of theories of value by considering Chaps. 10.1007/978-3-030-29481-6_2, 10.1007/978-3-030-29481-6_3, and also this chapter. It establishes a complete understanding of Smith’s paradox of value, the difference between value and monetary price, the scope and the limit of monetary price, and dominant theories of value.