web3/concepts/sign-value.md

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# Sign Value
Sign value denotes and describes the intangible value accorded to an object because of the prestige or social status that it imparts upon the possessor, rather than the [use value](use-value.md) and [income cashflows](income-cashflows.md) derived from the function or use of the asset.
See [art](art.md), [narrative economics](narrative-economics.md), [endowment effect](endowment-effect.md) and [bandwagon bias](bandwagon-bias.md).
## References
1. Debord, Guy. Society of the Spectacle. Bread and Circuses Publishing, 2012.
1. Baudrillard, Jean. "Stanford Encyclopedia of Philosophy." (2007).