Commensurability (economics)
Commensurability in economics arises whenever there is a common measure through which the value of two entities can be compared. Commensurability has two versions:
* Strong commensurability arises when it is possible to give cardinal values to entities as a consequence of utilising a given property to measure entities. Thus we can say "This is two and a half times more valuable than that." This implies value monism.
* Weak commensurability arises when it is only possible to apply ordinal values to entities as a consequence of utilising a given property to rank entities, i.e., it is sufficient to say "This is more valuable than that." This is consistent with value-pluralism.
Wikipage disambiguates
Link from a Wikipage to another Wikipage
primaryTopic
Commensurability (economics)
Commensurability in economics arises whenever there is a common measure through which the value of two entities can be compared. Commensurability has two versions:
* Strong commensurability arises when it is possible to give cardinal values to entities as a consequence of utilising a given property to measure entities. Thus we can say "This is two and a half times more valuable than that." This implies value monism.
* Weak commensurability arises when it is only possible to apply ordinal values to entities as a consequence of utilising a given property to rank entities, i.e., it is sufficient to say "This is more valuable than that." This is consistent with value-pluralism.
has abstract
Commensurability in economics ...... socialist calculation debate.
@en
Wikipage page ID
47,470,839
page length (characters) of wiki page
Wikipage revision ID
782,349,502
Link from a Wikipage to another Wikipage
wikiPageUsesTemplate
subject
comment
Commensurability in economics ...... nsistent with value-pluralism.
@en
label
Commensurability (economics)
@en