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Axiological ethics is concerned with the values which we hold our ethical standards and theories up to. It questions what, if any, basis exists for such values. Through doing so, it explores the justification for our values, and examines if there is any beyond arbitrary preference. While axiological ethics can be considered a subfield within the branch of ethics, it also draws in thought from other fields of philosophy, such as epistemology and value theory.

Ethics and Axiology
To understand axiological ethics, an understanding of axiology and ethics is necessary.

Axiology is understood as the philosophical study of 'goodness' or value. It is concerned two main areas of question. The first is in regards to defining and exploring understandings of 'the good' or value. The second area is the application of understandings of value to a variety of fields within the social sciences and humanities.

Ethics is a philosophical field which is concerned with morality, and in particular, the conduction of the right action. The defining of what the 'right' action is influenced by axiological thought in itself.

Objectives
Axiological ethics can be understood as the application of axiology onto the study of ethics. It is concerned with questioning the moral grounds which we base ethical judgements on.

Instrumental and intrinsic value
Instrumental and intrinsic understandings of value can be understood as a pair of binary opposites.

Instrumental value understands the value of a thing through how useful it is.

Intrinsic value understands the value of a thing

Pragmatism and contributory goodness
Value should be defined in accordance to practicality. Is related to a scientific understanding of philosophy, where as a society can progress technologically, it to can progress philosophically in regards to their values.

Hypothetical and categorical goods
Derived from the philosophical work of Immanuel Kant, value is understood to be absolute and universal in nature.

Hypothetical

J. N. Findlay's Axiological Ethics
J. N. Findlay, a moral philosophy and metaphysics professor at Yale University, wrote Axiological Ethics in 1970.