Hyötyarvoon
Hyötyarvoon, meaning "use value" in Finnish, refers to the inherent usefulness or satisfaction a person derives from consuming or possessing a good or service. This concept contrasts with exchange value, which is the value a good or service holds in terms of its price or what it can be traded for. Hyötyarvoon is subjective and depends on individual needs, preferences, and circumstances.
The concept is fundamental in economics and sociology, particularly in understanding consumer behavior and societal well-being.
The theory of hyötyarvoon suggests that individuals make choices to maximize their perceived utility or satisfaction.
Understanding hyötyarvoon helps explain why different individuals value the same goods or services differently and why