Axiology V16

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Axiology V16

  1. 1. The Hierarchy of Value An Axiological Exploration Somik Raha Doctoral Candidate Stanford University Feb 19, 2008
  2. 2. What do social ventures care about? <ul><li>Propose Ethnography </li></ul><ul><li>Without Ethnography: Public Safety </li></ul><ul><li>With Ethnography: Public Safety and Education </li></ul>
  3. 3. How much do they care? <ul><li>Propose Hierarchy of Value from Formal Axiology </li></ul>
  4. 4. Goal <ul><li>Before assigning dollar values, I want to figure out what I care about </li></ul><ul><li>Come up with a framing tool that helps me understand how much I value something before assigning dollar amounts </li></ul>
  5. 5. The origin of value <ul><li>Comes from a sense of “good” </li></ul><ul><li>Definition of Good </li></ul><ul><li>Something is good when it fulfills the definition of its concept. </li></ul><ul><li>Good = concept fulfillment </li></ul>
  6. 6. Three types of concepts <ul><li>Synthetic, Abstract and Singular </li></ul><ul><li>Fulfillment of synthetic concepts generates systemic value. e.g. regulatory fulfillment </li></ul><ul><li>Fulfillment of abstract concepts generates extrinsic value. e.g. good chair, car, etc. </li></ul><ul><li>Fulfillment of singular concepts generates intrinsic value. e.g. unique chair, car, etc. </li></ul>
  7. 7. Usage <ul><li>I want a round table </li></ul><ul><li>Roundness of an actual table gives me systemic value, but is not enough. </li></ul><ul><li>The fact that the table has all the properties of the concept “table” makes it a good table, and provides extrinsic value </li></ul><ul><li>Suppose I find out that this round table once belonged to Kennedy. It is now a unique round table that is worth much more than a regular round table. </li></ul>
  8. 8. Good “Campus Bike Safety” <ul><li>I want compliance of bike safety laws – there is systemic value in the enforcement of such laws. </li></ul><ul><li>I want people to be good bike riders. They are good bike riders when they fulfill the definition of a good bike rider in my mind- one of the properties is one who rides safely. Fulfilling this definition gives extrinsic value. </li></ul><ul><li>Finally, I want bike riders to appreciate bike safety so much that they would be willing to educate their family and friends to ride safely. This gives intrinsic value. </li></ul>
  9. 9. Detectors <ul><li>In a sense, systemic values are a detector for extrinsic values </li></ul><ul><li>Extrinsic values are a detector for intrinsic values </li></ul>
  10. 10. Actions and value <ul><li>Are my actions leading to more systemic value? </li></ul><ul><li>Are my actions leading to more extrinsic value? </li></ul><ul><li>Are my actions leading to more intrinsic value? </li></ul>
  11. 11. How would I know? <ul><li>Systemic value is easy to observe </li></ul><ul><li>Extrinsic value is harder – patrols, people looking out for risky bike behavior, etc. </li></ul><ul><li>Intrinsic value is hardest to observe – ask those who finish a bike safety class if anyone wants to teach/organize bike safety classes in their dorms </li></ul>
  12. 12. Moving to dollar valuations <ul><li>Dollar values have to be assigned keeping in mind all three levels of value </li></ul><ul><li>What am I willing to pay to receive only systemic value? (Recording Violations) </li></ul><ul><li>What am I willing to pay to receive systemic and extrinsic value? (Observing bike behavior, Vaden activity – no violations but people are injured) </li></ul><ul><li>What am I willing to pay to receive all three levels of value? (Conducting once-a-month class on bike safety) </li></ul>
  13. 13. Other Social Ventures
  14. 14. Good “AIDS Education” <ul><li>A measurable drop in those who get AIDS. A measurable drop in misunderstanding levels of how one gets AIDS. </li></ul><ul><li>People are taking safety measures to protect themselves from AIDS. </li></ul><ul><li>Developing compassion about those who have AIDS, and helping educate friends and colleagues. </li></ul>

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