stimulus value definition
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What does Market Value Mean? Definition. Market Value is generally defined as: “The most probable price which a property should bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller, each acting prudently, knowledgeably and assuming the price is not affected by undue stimulus.
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stimulus liminal stimulus A stimulus of an intensity such that it just provokes a response that is at threshold. Syn. threshold stimulus. threshold stimulus See liminal stimulus.timulus. adequate stimulus a stimulus of the specific form of energy to which a given receptor is sensitive. aversive stimulus one which, when applied following the occurrence of a response, decreases the strength of that response on later occurrences.
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stimulus stimulus. n, pl-li (-ˌlaɪ; -ˌliː). 1. something that stimulates or acts as an incentive. 2. (Physiology) any drug, agent, electrical impulse, or other factor able to cause a response in an organism.3. (Psychology) an object or event that is apprehended by the senses.oun. 1. stimulus-any stimulating information or event; acts to arouse action. stimulant, stimulation, input. information-knowledge acquired through study or experience or instruction.
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Marginal value A marginal value is. 1  a value that holds true given particular constraints, 2  the change in a value associated with a specific change in some independent variable, whether it be of that variable or of a dependent variable, or. [ 3 when underlying values are quantified] the ratio of the change of a dependent variable to that of the independent variable.
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Pierce & Cheney Ch 10 Stimuli that signal a decrease in time to positive reinforcement, or an increase in time to an aversive event, are more effective conditioned reinforcers. Generally the value of a conditioned reinforcer is attributabled to its delay reduction-how close it is to reinforcement and how far it is from punishment.
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- A stimulus causes an action or response, like the ringing of your alarm clock if you didn't sleep through it. Stimulus is a word often used in biology — something that causes a reaction in an organ or cell, for example. In financial and economic contexts, a stimulus may be an incentive: the money you spend on your membership is a stimulus for hitting the gym.
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What You Should Know About The Time Value of Money Time value of money is the economic principal that a dollar received today has greater value than a dollar received in the future. The intuition behind this concept is easy to see with a simple example. Suppose you were given the choice between receiving $100,000 today or $100,000 in 100 years.
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- The incentive function of the price mechanism. An incentive is something that motivates a producer or consumer to follow a course of action or to change behaviour. Higher prices provide an incentive to existing producers to supply more because they provide the possibility or more revenue and increased profits.
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What is 'Value Added' The total value added is the market price of the final product or service, and only counts production within a specified time period. This is the basis on which value-added tax (VAT) is computed. Value added of an industry is the difference between the total revenue of an industry and the total cost of inputs purchased from other businesses within a reporting period.
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- Noun. 1. value statement-a statement of the desirability of something. statement-a message that is stated or declared; a communication (oral or written) setting forth particulars or facts etc; according to his statement he was in London on that day. 1  Facebook.
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Reward system The reward system is a group of neural structures responsible for incentive salience, associative learning, and positive emotions, particularly ones which involve pleasure as a core component. Reward is the attractive and motivational property of a stimulus that induces appetitive behavior – also known as approach behavior – and consummatory behavior. In its description of a rewarding stimulus, a review on reward neuroscience noted, any stimulus, object, event, activity, or situation ...
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stimulus stimulus. 1  something that incites to action or exertion or quickens action, feeling, thought, etc.: The approval of others is a potent stimulus. 2  Physiology, Medicine/Medical. something that excites an organism or part to functional activity.
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- Intrinsic value is the value that an entity has in itself, for what it is, or as an end (Figure 1). The contrasting type of value is instrumental value. Instrumental value is the value that something has as a means to a desired or valued end.ntrinsic value is the value that an entity has in itself, for what it is, or as an end (Figure 1). The contrasting type of value is instrumental value. Instrumental value is the value that something has as a means to a desired or valued end.
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- Intrinsic value is a term employed in axiology, the study of quality or value.
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- DEFINITION of 'Perceived Value'. The worth that a product or service has in the mind of the consumer. The consumer's perceived value of a good or service affects the price that he or she is willing to pay for it. For the most part, consumers are unaware of the true cost of production for the products they buy.
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stimulus Plural stimuli (stĭm'yə-lī') Physiology Something that can elicit or evoke a physiological response in a cell, a tissue, or an organism. A stimulus can be internal or external. Sense organs, such as the ear, and sensory receptors, such as those in the skin, are sensitive to external stimuli such as sound and touch. Something that has an impact or an effect on an organism so that its behavior is modified in a detectable way.
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- Although in many cases a reinforcing stimulus is a rewarding stimulus which is valued or liked by the individual (e.g., money received from a slot machine, the taste of the treat, the euphoria produced by an addictive drug), this is not a requirement.
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Real versus nominal value (economics) The real value is the value expressed in terms of purchasing power in the base year. The index price divided by its base-year value, P t / P 0 , {\displaystyle P_{t}/P_{0},} gives the growth factor of the price index. Real values can be found by dividing the nominal value by the growth factor of a price index.
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Residual value Residual value is one of the constituents of a leasing calculus or operation. It describes the future value of a good in terms of absolute value in monetary terms and it is sometimes abbreviated into a percentage of the initial price when the item was new. Example: A Honda is sold at a list price of $20,000 today.
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Market Value | What Is Market Value? Market value is simply the price at which something will sell within a reasonable period of time. In a normal or average real estate market, reasonable means one to three months. Here is our definition: Market value is the price at which a particular house, in its current condition, will sell within 30 to 90 days.
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Face value Face value also refers to the price printed on a ticket to a sporting event, concert, or other event (the price the ticket was originally sold for by the organization hosting the event).
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Residual value From Wikipedia, the free encyclopedia. Residual value is one of the constituents of a leasing calculus or operation. It describes the future value of a good in terms of absolute value in monetary terms and it is sometimes abbreviated into a percentage of the initial price when the item was new. Example: A car is sold at a list price of $20,000 today.
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- › something that encourages ​growth or causes ​activity: a stimulus to sth We would ​support a further ​cut in ​interest ​rates as a stimulus to ​economic ​growth.a stimulus for sth Tax ​cuts are the classic stimulus for a ​sluggish ​economy. See also fiscal stimulus economic stimulus monetary stimulus.
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price Definition. A value that will purchase a finite quantity, weight, or other measure of a good or service. As the consideration given in exchange for transfer of ownership, price forms the essential basis of commercial transactions.
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Accounting Terms Dictionary Time Value of Money The Time Value of Money concept says that a dollar received today is worth more than a dollar received in the future. If you receive money two years from now you have lost two years worth of interest on that money.
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marginal value Definition of marginal value: The incremental value that is achieved through additional output. Marginal value exists through a product modification that results in an increase in price or an increase in unit production. The value ...