"What is Non-Subjective Valuing®?"
The basic question is: When buying something, how many of us want to pay for in play commercials, public relations, promotional and "packaging" expenses? Wouldn’t we rather spend our money exclusively for the actual effectiveness and quality of a product or service?
Buyers (and to a lesser extent, sellers) have usually been confused about actual values. Today not a single buying manual, shopping advisor or decision guide - on or off the Internet - provides independently calculated monetary value of products and services, other than prices, in any field.
- The theory behind Non-Subjective Valuing
® is that given a choice we are willing to pay for what something is, has and does, NOT for how it is promoted, perceived, or advertised; and that a perfectly informed observer can determine the genuine monetary value of an entity, no matter its price.
While price is always between buyer and seller, patent pending Non-Subjective Valuing
® tells you what something is actually monetarily worth. Non-Subjective Valuing® carries out the following sequence:
Relative to the observer, the proportional importance of each attribute of an entity is unearthed and expressed in percentage terms.
In the probed group of entities, the assumed monetary value of the 100% NORM unit is calculated, which hypothetical entity is average in all its relevant characteristics, and which unit is the yardstick of Non-Subjective Valuing®.
On a percentage basis, a specific, existent entity in the examined group is compared with the average, (or 100%) NORM entity, on what it is, has and does.
The precise pecuniary worth of such test entity is calculated, independent of its market price, by expressing in monetary terms, the sum quality percentage divergence, relative to the observer’s value system, between the test entity and the NORM. Basically, if the hypothetical, 100% average unit (the NORM) has a value of $100, then an actual unit that is conclusively 10% better, is assumed to be worth $110, no matter its market price.
Ergo, Non-Subjective Valuing
® immediately tells you: what would Americans in general think a specific thing should be monetarily worth,
if they were ideally informed about it. It also quickly provides you with your own value judgment
if y o u knew everything you wanted to know about the subject. (Calculating your own value judgement is
independent of computing society’s worth consideration.)
"How does it work in practice?"
The initial demo application of the science may be viewed on the Web Site: Carvalu.com. It values twenty sport utility vehicles.
Why "The"
There is a psychological determination, or judgment, behind the claim for the value unearthed by Non-Subjective Valuing
® being "the" value. . .
One could reasonably ask: On what basis can it be declared that the value judgment of an optimally informed society represents the true value of something?
This is the logic.
When one says "My dentist is great," one does not feel that this is but an opinion. In truth, one’s sense is that whether a dentist is better or worse than another dentist can be objectively judged.
Where? How? and By whom? are the questions we do not consciously think about. But we inevitably feel that a god, or another type of absolute authority, somewhere, somehow, does have a universal, final answer. ("Truth is one" – goes the Hungarian saying.)
In fact, the very concept of god seems to be destined to attempt to fulfill this apparently inherent human need for "existing certainty" about things being one way. It’s only that "we might not quite understand exactly what this way is, due to lack of information and/or a lack of ability to understand such information." (Some magnetic religious leaders exploit this human craving by substituting themselves for one who "knows" . . .)
We seem to have to believe that what "is," is ultimately knowable, even if not by us and not now.
"I agree."
Judgment Day?
I think man is created with this yearning, proving that we want a god, we want an absolute truth, a firm and just yardstick. Ultimate uncertainty about right and wrong appears to be an unbearable prospect.
Since the lack of correct, complete and understood information seem to be the main cause of being in the dark about "worth," and since Non-Subjective Valuing
® conclusively remedies this problem, it seems that, for once, the word and meaning of "is," is correct as to a result of the Non-Subjective Valuing® procedure.
"This method to unearth both collective consciousness and communal conscience, virtually creates the answers to questions we hope god would ultimately give, right?"
It is my proposition that since we feel that value is ultimately determinable, we subconsciously experience that if imparted complete and totally understood information about an entity, the result is the ability to determine that entity’s actual worth.
The Community as the Observer
Ergo, if
the observer is society, then the true (or generally valid) monetary worth or ranking of an entity is discoverable. The result is not an "opinion". It is the value judgment of the optimally informed collective. If there is anything that "is," this is it . . .
For the first time, we can learn both the price and the monetary importance of something.
"How do we do this?"