How are pieces relative values calculated? What's to say a pawn is 1/3 of a rook or a knight?
And why is the king 900, not simply the total value of all other pieces or slightly more? 8 pawns (10 ea), 2 knights (30 ea), 2 rooks (30 ea) and a queen (90) totals 290 points. Why can't a king simply be 300 points? If it needed to be worth more than both sets (white and black) for some reason why couldn't it be worth 600? The value 900 seems arbitrary to me.
If there's sound reasoning behind this can anyone recommend material related to deriving similar weighted values?