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The value of statistical life (VSL) in Singapore was estimated in 2007 via a contingent valuation survey that elicits willingness-to-pay (WTP) for mortality risk reductions, which interviewed 801 Singaporeans and Singapore Permanent Residents aged 40 and above, entailing a value of statistical life of approximately S$850,000 to S$2.05 million ...
Its topic is relevant to many human endeavors because values are guiding principles that underlie the political, economic, scientific, and personal spheres. [2] Value theory analyzes and evaluates phenomena such as well-being, utility, beauty, human life, knowledge, wisdom, freedom, love, and justice. [3]
A Fabergé egg. Frankena in his list of values groups beauty with harmony, proportion and aesthetic experience. There are many different kinds of value that can be included in this category and Frankena himself distinguishes between "harmony and proportion in objects contemplated" and "harmony and proportion in one's own life". [15]
Values are one of the factors that generate behavior (besides needs, interests and habits) and influence the choices made by an individual. Values may help common human problems for survival by comparative rankings of value, the results of which provide answers to questions of why people do what they do and in what order they choose to do them.
Lebensphilosophie (German: [ˈleːbm̩s.filozoˌfiː]; meaning 'philosophy of life') was a dominant philosophical movement of German-speaking countries in the late 19th and early 20th centuries, which had developed out of German Romanticism. Lebensphilosophie emphasised the meaning, value and purpose of life as the foremost focus of philosophy. [1]
The Philosophy of Money (1900; German: Philosophie des Geldes) [1] is a book on economic sociology by German sociologist and social philosopher Georg Simmel. [2] Considered to be the theorist's greatest work, Simmel's book views money as a structuring agent that helps people understand the totality of life.
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The logical implication of all the above is that human beings will naturally prefer a positive value (i.e., value situation) over a negative value (or dis-value), such as when life seems to tragically descend in a self-perpetuating spiral of negative emotions (envy, anger, jealousy, spite, hate, revenge)--a psycho-philosophical problematic ...