700 word discussion: e are five (5) most important value systems identified and are associated with, and play a major role in the development of smart meters.

  
Chapter Eight (8) – Value Sensitive Design of Complex Product Systems: According to Ligtvoet, van de Kaa, Fens, van Beers, Herder, and van den Hoven, (in press), full and comprehensive overview of all relevant components of a system increasingly continue to become difficult. The natural response to complex problems is to delve into details. The suggestion is that an opposite move towards a more abstract approach will gain fruition. The authors have also used the development of smart meters in the Netherlands for illustration. A more explicit focus on the values that play a role for different stakeholders avoids fruitless detours in the development of technologies. These authors continue to state that, policy-makers would do well by not only addressing functional requirements but also taking individual and social values into consideration.

  
According to research by Ligtvoet et al. (in press), Chapter 8, there are five (5) most important value systems identified and are associated with, and play a major role in the development of smart meters. Please name them, and briefly state their functions? provide a clear narrative to support your responses