tegwick
a9ca0adfcf
Batch evaluation of all 988 entities via OpenRouter. 984 succeeded on first pass; 3 failed (network errors). eval-summary --update-metrics written with per_entity_mean=3.9556. Viability dashboard: 6/6 PASS redundancy_ratio 0.0061 (max 0.10) coverage_ratio 0.6190 (min 0.40) coherence_comps 0.0000 (max 3) consistency_cycles 0.0000 (max 0) granularity_entropy 2.6748 (min 1.0) per_entity_mean 3.9556 (min 3.5) Dimension breakdown (mean across 985 entities): definition_precision 3.62 source_grounding 4.36 domain_placement 4.56 vsm_relevance 3.31 explanatory_value 3.94 Co-Authored-By: Claude Sonnet 4.6 <noreply@anthropic.com>
64 lines
3.4 KiB
Markdown
64 lines
3.4 KiB
Markdown
---
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entity_slug: exchangeable_value
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evaluator: null
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evaluated_at: '2026-02-23T05:24:26.487227'
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overall_score: 4.2
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scores:
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- name: definition_precision
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value: 4.0
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max_value: 5.0
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rationale: The definition is quite precise, clearly distinguishing exchangeable
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value from utility and nominal price, and specifying that it's measured by the
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quantity of labor it can command. The definition avoids circularity by grounding
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the concept in labor rather than other value terms.
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- name: source_grounding
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value: 5.0
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max_value: 5.0
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rationale: This concept is directly and extensively grounded in Smith's text, particularly
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in Book I, Chapter 5, where he explicitly develops the distinction between use-value
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and exchange-value and argues that labor is the real measure of exchangeable value.
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This is a core Smithian concept, not an interpretation.
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- name: domain_placement
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value: 5.0
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max_value: 5.0
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rationale: The "Exchange" domain is perfectly appropriate for this concept, as exchangeable
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value is fundamentally about what commodities can be traded for in markets. This
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is the central mechanism of exchange theory in classical economics.
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- name: vsm_relevance
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value: 2.0
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max_value: 5.0
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rationale: Exchangeable value is a foundational economic concept that operates across
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all market activities rather than mapping to any specific VSM system. It's too
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fundamental and pervasive to have a natural home in S1-S5, being more of an underlying
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principle than an operational system component.
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- name: explanatory_value
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value: 5.0
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max_value: 5.0
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rationale: This entity provides exceptional explanatory power as it illuminates
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the fundamental mechanism by which market exchange operates and how value is determined.
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It's essential for understanding Smith's broader theory of markets, prices, and
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economic coordination.
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---
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# Evaluation: Exchangeable Value
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## definition_precision — 4.0 / 5.0
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The definition is quite precise, clearly distinguishing exchangeable value from utility and nominal price, and specifying that it's measured by the quantity of labor it can command. The definition avoids circularity by grounding the concept in labor rather than other value terms.
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## source_grounding — 5.0 / 5.0
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This concept is directly and extensively grounded in Smith's text, particularly in Book I, Chapter 5, where he explicitly develops the distinction between use-value and exchange-value and argues that labor is the real measure of exchangeable value. This is a core Smithian concept, not an interpretation.
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## domain_placement — 5.0 / 5.0
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The "Exchange" domain is perfectly appropriate for this concept, as exchangeable value is fundamentally about what commodities can be traded for in markets. This is the central mechanism of exchange theory in classical economics.
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## vsm_relevance — 2.0 / 5.0
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Exchangeable value is a foundational economic concept that operates across all market activities rather than mapping to any specific VSM system. It's too fundamental and pervasive to have a natural home in S1-S5, being more of an underlying principle than an operational system component.
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## explanatory_value — 5.0 / 5.0
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This entity provides exceptional explanatory power as it illuminates the fundamental mechanism by which market exchange operates and how value is determined. It's essential for understanding Smith's broader theory of markets, prices, and economic coordination.
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