Values have long been considered important for psychology but are frequently characterized as beliefs, goals, rules, or norms. Ecological values theory locates them, not in people or in objects, but in ecosystem relationships and the demands those relationships place on fields of action within the system. To test the worth of this approach, we consider skilled coordination tasks in social psychology (e.g., negotiating disagreements, synchrony and asynchrony in interactions, and selectivity in social learning) and perception-action (e.g., driving vehicles and carrying a child). Evidence suggests that a diverse array of values (e.g., truth, social solidarity, justice, flexibility, safety, and comfort) work in a cooperative tension to guide actions. Values emerge as critical constraints on action that differ from goals, rules, and natural laws, and yet provide the larger context in which they can function effectively. Prospects and challenges for understanding values and their role in action, including theoretical and methodological issues, are considered.