This paper introduces the Theory of Participative Value, a conceptual framework derived from field observation within trust-based market environments characterized by long-term quality delivery, active user communities, and transparent public communication. The theory identifies a behavioral shift in which users transition from passive consumers to normative participants when organizations publicly include them in pricing-related decisions. Under conditions of accumulated trust, perceived fairness, and demonstrated product consistency, price adjustments may receive public legitimation rather than resistance. The framework proposes that value perception is not exclusively formed through transactional exchange but can emerge through participatory processes that redistribute responsibility for value preservation across both organizations and their communities. The Theory of Participative Value does not replace existing pricing models but complements them by explaining pricing behavior in publicly engaged and trust-intensive contexts.
Džerald Letić (2026) studied this question.