Nihilism is the belief that all values are baseless. Axiology - TopicsExpress

Nihilism is the belief that all values are baseless. Axiology (from Greek value, worth; and “study of” or “logic, reasioning” ) is the philosophical study of value. It can also be a collective term for ethics and aesthetics, philosophical fields that depend crucially on notions of value—or the foundation for these fields, and thus similar to value theory and meta-ethics. Axiology studies mainly two kinds of values: ethics and aesthetics. Ethics investigates the concepts of right and good in individual and social conduct. Aesthetics studies the concepts of beauty and harmony. Formal axiology, the attempt to lay out principles regarding value with mathematical rigor, is exemplified by Robert S. Hartmans Science of Value.

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