# value (worth)

how something's distinctness or utility determines its price

- Computed level: L9 (depth in the emergence graph, not abstraction)
- Status: review  ·  Domain: everyday  ·  Arena: value.economic

## Emergence
**Emerges from:** [quality](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-quality.value), [price](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-price.economic), [good](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-good.moral), [use](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-use.application)

**Through:** the degree of distinctness and usefulness of a thing together inform how much of a price it can command

**Novel properties:**
- assessable worth
- pricing relevance
- utility-based value

## Examples
- The 2021 semiconductor shortage raised car prices by an average of $6,000 due to limited chip utility in manufacturing. *(economics)*
- Diamonds in De Beers' vaults held higher market price than identical lab-grown stones despite equal quality. *(institutions)*
- The Python programming language's readability increased its adoption, raising developer salaries by 15% in 2020. *(computing)*

## Used by
- [capital](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-capital.financial) (L17)
- [chaos](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-chaos.unpredictable-drift) (L12)
- [cheap](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-cheap.economic) (L10)
- [credit](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-credit.financial) (L12)
- [extreme](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-extreme.position) (L12)
- [gold](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-gold.metal) (L23)
- [ground](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-ground.level) (L11)
- [important](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-important.significance) (L10)
- [necessity](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-necessity.condition) (L18)
- [overload](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-overload.capacity) (L11)
- [poker](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-poker.game) (L17)
- [ripening](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-ripening.approaching) (L18)
- [special](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-special.quality) (L10)
- [waste](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-waste.output) (L12)

---
*Canonical: https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-value.worth*  
*Structured data: https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-value.worth.json*  
*Every definition provably resolves to space, time, energy and pattern.*