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2009•Journal of Hebei UniversityRequires access

Theoretic Basis of the Price Formation of Information Commodity

Sun Zhao-lei

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Abstract

There are different opinions in the academic field about the theoretic basis of the price formation of information commodity. Some exaggerate the functions of some influential factors,while some others take influential factors as decisive ones or even as its theoretic basis. This paper starts with revealing the features of information commodity,and then explores to illustrate that the theory of labor value is the theoretic basis of its price formation.

About this research paper

What this paper is about

There are different opinions in the academic field about the theoretic basis of the price formation of information commodity. Some exaggerate the functions of some influential factors,while some others take influential factors as decisive ones or even as its theoretic basis. This paper starts with revealing the features of information commodity,and then explores to illustrate that the theory of labor value is the theoretic basis of its price formation.

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Available abstract

There are different opinions in the academic field about the theoretic basis of the price formation of information commodity. Some exaggerate the functions of some influential factors,while some others take influential factors as decisive ones or even as its theoretic basis. This paper starts with revealing the features of information commodity,and then explores to illustrate that the theory of labor value is the theoretic basis of its price formation.

Key concepts: Commodity, Basis (linear algebra), Economics, Value (mathematics), Field (mathematics), Mathematical economics, Microeconomics, Positive economics

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