Crusoe's value scale is based purely on observations of his actions and on inferences from those actions. In any action, Crusoe is guided by a choice among alternatives. He acts, not on the basis of any "absolute" desirability of a given course, but on a marginal preference for a course over its alternatives. Every action taken by human beings is determined by such relative choices.

Since Crusoe's actions consist of choices among alternatives, they enable us to measure his values only in relative or comparative terms. The value scale therefore represents ordinal, not cardinal measurement (p. 1.3:17). It tells us that the completing the tree house ranks higher in utility than hunting for food, but does not permit us to quantify the difference with a specific cardinal number. We have no objective basis for defining addition, subtraction, and similar operations on praxeological values, and any attempt to define such arithmetic relationships is purely arbitrary, subjective, and unscientific. Claims about "ratios" among utilities, for instance, belong to the category of meaningless statements, e. g., "the borogroves were all mimsy" (see pp. 1.3:70-1). Open Details window      Next page

Crusoe
      complete tree house
      hunt for food
      munch on coconuts

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