About the algorithm
ArkPeople Value, or how valuable your life is, can be represented in terms of the cost-effectiveness of your contribution to society. This can be expresses as the ratio of the value of your social function to the cost of this function.
Social Value = Social function/Cost
The above equation shows why some seemingly valuable people may actually have a low Social Value.
For example, financial specialists play a very important role in the economy. However, since their cost (mostly remuneration) is high compared to other professions, their Social Value is relatively low.
In contrast, teachers will have a very high Social Value since, at a relatively low cost, they perform a very important social function.
In calculating the value of your social function, we use only one measure: how much happiness your life brings to other people's lives.
Our algorithm considers the following two basic components of happiness:
Whereas a long life is easy to define, the goodness of one's life is much more difficult to measure.
Examples of factors that contribute to the goodness of one's life include:
- fulfilment of basic human needs
- good health
- good relationships with other people
- comfort of life
More comprehensively, factors contributing to the goodness of one's life can be classified according to Maslow's pyramid of needs:
(More about Maslow's hierarchy of needs)