Tighe's Theory of Value

Tighe's Theory of Value proposes that the worth of an object or idea is determined by its utility, scarcity, and the context in which it exists. Essentially, something is valuable if it serves a purpose, is harder to find, and meets specific needs at a given time. Tighe emphasizes that value is not fixed; it can change based on societal norms, personal preferences, and economic conditions. This theory encourages a deeper understanding of how we assess worth, highlighting the interplay between individual perception and broader social factors.