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The total intrinsic value of an object is the product of its average intrinsic value, average value intensity, and value duration. It may be either an absolute or relative value. The total intrinsic value and total instrumental value together make the total whole value of an object.
In moral philosophy, instrumental and intrinsic value are the distinction between what is a means to an end and what is as an end in itself. [1] Things are deemed to have instrumental value (or extrinsic value [2]) if they help one achieve a particular end; intrinsic values, by contrast, are understood to be desirable in and of themselves.
For example, if a virtuous person becomes happy then the intrinsic value of the happiness is simply added to the intrinsic value of the virtue, thereby increasing the overall value. [95] G. E. Moore introduced the idea of organic unities to describe entities whose total intrinsic value is not the sum of the intrinsic values of their parts. [96]
An intrinsically valuable thing is worth for itself, not as a means to something else. It is giving value intrinsic and extrinsic properties. An ethic good with instrumental value may be termed an ethic mean, and an ethic good with intrinsic value may be termed an end-in-itself. An object may be both a mean and end-in-itself.
Ethical value denotes something's degree of importance, with the aim of determining what action or life is best to do, or at least attempt to describe the value of different actions. In value theory, the study of ethical value includes the use of other disciplines, such as: anthropology, behavioral economics, business ethics, corporate ...
Consequentialism can also be contrasted with aretaic moral theories such as virtue ethics. Whereas consequentialist theories posit that consequences of action should be the primary focus of our thinking about ethics, virtue ethics insists that it is the character rather than the consequences of actions that should be the focal point.
Of special interest for understanding goodness is intrinsic value: what is good in itself. Ross ascribes intrinsic value to pleasure, knowledge, virtue and justice. [2] It is easy to confuse rightness and goodness in the case of moral goodness. An act is right if it conforms to the agent's absolute duty.
Intrinsic value (animal ethics), in philosophy; Intrinsic value (axiology) See also. Instrumental and intrinsic value; Value (disambiguation)