Chapter X: Value as Generic--The Psychology of Value

Economic value a species, coordinate with ethical,
legal, aesthetic, and other values--Psychology of value,
as manifested in individual experience--Values as
"tertiary qualities"--When we reflectively break up the
experience, values thrown from object to subject's
emotional life, but this an abstraction from concrete
experience--Feeling and desire in relation to value:
hedonism; Ehrenfels and Davenport; Urban and
Meinong--"Presuppositions" of value--Feeling and desire
both _phases_ in value, but neither is _the_
worth-fundamental, and each may vary in intensity
without affecting amount of value--Value and reality
judgment: Meinong and Tarde; Urban--On _structural_
side, feeling, desire, and "reality feeling" are all
significant phases in value--But real significance of
value lies in its _functional_ aspect: the function of
value is the function of _motivation_--Essence of value
is _power_ in motivation--For concrete experience, this
power a quality of the object--Positive and negative
values--Complementary values--Rival values: two cases:
qualitatively compatible, and qualitatively incompatible
values--In first case, quantitative marginal compromise
often possible: generalization of Austrian
analysis--So-called "absolute values" ("absolute" here
used as in history of ethics)--No sharp lines between
different sorts of values, as ethical, economic,
aesthetic--Different sorts of values do not constitute
self-complete, separate systems--Generalization of
notion of price--Suggestions as to analogues in the
field of the social values 93