How cost-effective are efforts to detect near-Earth-objects?

Toby Newberry (Future of Humanity Institute, University of Oxford)

GPI Technical Report No. T1-2021

Near-Earth-objects (NEOs) include asteroids and comets with orbits that bring them into close proximity with Earth. NEOs are well-known to have impacted Earth in the past, sometimes to catastrophic effect.2 Over the past few decades, humanity has taken steps to detect any NEOs on impact trajectories, and, in doing so, we have significantly improved our estimate of the risk that an impact will occur over the next century. This report estimates the cost-effectiveness of such detection efforts. The remainder of this section sets out the context of the report...

Other working papers

The unexpected value of the future – Hayden Wilkinson (Global Priorities Institute, University of Oxford)

Various philosophers accept moral views that are impartial, additive, and risk-neutral with respect to betterness. But, if that risk neutrality is spelt out according to expected value theory alone, such views face a dire reductio ad absurdum. If the expected sum of value in humanity’s future is undefined—if, e.g., the probability distribution over possible values of the future resembles the Pasadena game, or a Cauchy distribution—then those views say that no real-world option is ever better than any other. And, as I argue…

The scope of longtermism – David Thorstad (Global Priorities Institute, University of Oxford)

Longtermism holds roughly that in many decision situations, the best thing we can do is what is best for the long-term future. The scope question for longtermism asks: how large is the class of decision situations for which longtermism holds? Although longtermism was initially developed to describe the situation of…

Ethical Consumerism – Philip Trammell (Global Priorities Institute and Department of Economics, University of Oxford)

I study a static production economy in which consumers have not only preferences over their own consumption but also external, or “ethical”, preferences over the supply of each good. Though existing work on the implications of external preferences assumes price-taking, I show that ethical consumers generically prefer not to act even approximately as price-takers. I therefore introduce a near-Nash equilibrium concept that generalizes the near-Nash equilibria found in literature on strategic foundations of general equilibrium…