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Forum nameThe Lesson Archives
Topic subject"Cost" and "(Intrinsic) Value" are two different things.
Topic URLhttp://board.okayplayer.com/okp.php?az=show_topic&forum=17&topic_id=145828&mesg_id=145936
145936, "Cost" and "(Intrinsic) Value" are two different things.
Posted by WaxLablTabler, Mon Nov-15-10 04:42 PM
Cost seeks to accurately estimate/represent the Intrinsic Value of a thing. Because some things (such as probability and eventuality) are impossible to measure accurately, cost is never a necessarily accurate description of intrinsic value.

Put shortly, people need to think about things and what they really mean, not about money.