It Only Takes One: The Psychology of Unilateral Decisions

Joshua Lewis (New York University), Carter Allen (UC Berkeley), Christoph Winter (ITAM, Harvard University and Institute for Law & AI) and Lucius Caviola (Global Priorities Institute, Oxford University)

GPI Working Paper No. 14-2024

Sometimes, one decision can guarantee that a risky event will happen. For instance, it only took one team of researchers to synthesize and publish the horsepox genome, thus imposing its publication even though other researchers might have refrained for biosecurity reasons. We examine cases where everybody who can impose a given event has the same goal but different information about whether the event furthers that goal. Across 8 experiments (including scenario studies with elected policymakers, doctors, artificial-intelligence researchers, and lawyers and judges and economic games with laypeople, N = 1,518, and 3 supplemental studies, N = 847) people behave suboptimally, balancing two factors. First, people often impose events with expected utility only slightly better than the alternative based on the information available to them, even when others might know more. This approach is insufficiently cautious, leading people to impose too frequently, a situation termed the unilateralist’s curse. Second, counteracting the first factor, people avoid sole responsibility for unexpectedly bad outcomes, sometimes declining to impose seemingly desirable events. The former heuristic typically dominates and people unilaterally impose too often, succumbing to the unilateralist’s curse. But when only few people can impose, who know the stakes are high, responsibility aversion reduces over-imposing.

Other working papers

Tiny probabilities and the value of the far future – Petra Kosonen (Population Wellbeing Initiative, University of Texas at Austin)

Morally speaking, what matters the most is the far future – at least according to Longtermism. The reason why the far future is of utmost importance is that our acts’ expected influence on the value of the world is mainly determined by their consequences in the far future. The case for Longtermism is straightforward: Given the enormous number of people who might exist in the far future, even a tiny probability of affecting how the far future goes outweighs the importance of our acts’ consequences…

Estimating long-term treatment effects without long-term outcome data – David Rhys Bernard (Rethink Priorities), Jojo Lee and Victor Yaneng Wang (Global Priorities Institute, University of Oxford)

The surrogate index method allows policymakers to estimate long-run treatment effects before long-run outcomes are observable. We meta-analyse this approach over nine long-run RCTs in development economics, comparing surrogate estimates to estimates from actual long-run RCT outcomes. We introduce the M-lasso algorithm for constructing the surrogate approach’s first-stage predictive model and compare its performance with other surrogate estimation methods. …

A paradox for tiny probabilities and enormous values – Nick Beckstead (Open Philanthropy Project) and Teruji Thomas (Global Priorities Institute, Oxford University)

We show that every theory of the value of uncertain prospects must have one of three unpalatable properties. Reckless theories recommend risking arbitrarily great gains at arbitrarily long odds for the sake of enormous potential; timid theories recommend passing up arbitrarily great gains to prevent a tiny increase in risk; nontransitive theories deny the principle that, if A is better than B and B is better than C, then A must be better than C.