My sense is that dogs prioritize pack/family togetherness ahead of freedom. They don't value all other people (and to a dog, "people" means dogs, humans, and sometimes other species), but also they do not only value their "owner". They value their family, their pack. They want to be with those they want to be with, in action and in rest.
After that, they value things like food, exercise, curiousity, and the absence of immediate pain.
Most dogs, that haven't been traumatized, seem to have a pretty reasonable attitude toward personal safety: you mustn't let fear rule you. But some dogs, that have been traumatized, can be inordinately concerned with what they perceive to be their personal safety, in some cases to the point of (understandable, tragic) derangement.
After that, they value things like food, exercise, curiousity, and the absence of immediate pain.
Most dogs, that haven't been traumatized, seem to have a pretty reasonable attitude toward personal safety: you mustn't let fear rule you. But some dogs, that have been traumatized, can be inordinately concerned with what they perceive to be their personal safety, in some cases to the point of (understandable, tragic) derangement.