The Evolutionary Theory Of Value

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    2 Comments

  1. Harry CraneSeptember 4th, 2020 at 07:08 pm

    At a very high level, the grand thesis, which connects evolutionary theory to an economic theory of value, isn't obviously correct or incorrect. I wouldn't be surprised if there were some potentially valuable insights to come from this line of inquiry. But in its current form, the article is impossible understand. Its claims are too grandiose and not thoroughly argued and the author dismisses other theories outright, without justification. Such an argument cannot me made rigorous in the span of only 3 pages. The discussion provides insufficient background on the problem being discussed and earlier approaches to treating it. The bibliography is inadequate to provide the necessary context and background information to produce a compelling argument. Overall, much more detail and clarity is needed.

  2. Eugene PanferovSeptember 12th, 2018 at 06:54 pm

    i fixed the listed issues, how can i upload the revised version?

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Abstract

We propose the first economical theory of value that actually works. We explain evolutionary causes of trade, and demonstrate how goods have value from the evolutionary perspective, and how this value is increased with trade. This "Darwinian" value of goods exists before humans assign monetary value (or any other value estimate) to traded goods. We propose objective value estimate expressed in energy units.

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➤  Version 1 (2018-09-01)

Citation

Eugene Panferov (2018). The Evolutionary Theory Of Value. Researchers.One, https://researchers.one/articles/the-evolutionary-theory-of-value/5f52699b36a3e45f17ae7d5a/v1.

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