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
Are we living at the hinge of history? – William MacAskill (Global Priorities Institute, Oxford University)
In the final pages of On What Matters, Volume II, Derek Parfit comments: ‘We live during the hinge of history… If we act wisely in the next few centuries, humanity will survive its most dangerous and decisive period… What now matters most is that we avoid ending human history.’ This passage echoes Parfit’s comment, in Reasons and Persons, that ‘the next few centuries will be the most important in human history’. …
Funding public projects: A case for the Nash product rule – Florian Brandl (Stanford University), Felix Brandt (Technische Universität München), Dominik Peters (University of Oxford), Christian Stricker (Technische Universität München) and Warut Suksompong (National University of Singapore)
We study a mechanism design problem where a community of agents wishes to fund public projects via voluntary monetary contributions by the community members. This serves as a model for public expenditure without an exogenously available budget, such as participatory budgeting or voluntary tax programs, as well as donor coordination when interpreting charities as public projects and donations as contributions. Our aim is to identify a mutually beneficial distribution of the individual contributions. …
How should risk and ambiguity affect our charitable giving? – Lara Buchak (Princeton University)
Suppose we want to do the most good we can with a particular sum of money, but we cannot be certain of the consequences of different ways of making use of it. This paper explores how our attitudes towards risk and ambiguity bear on what we should do. It shows that risk-avoidance and ambiguity-aversion can each provide good reason to divide our money between various charitable organizations rather than to give it all to the most promising one…