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
Cassandra’s Curse: A second tragedy of the commons – Philippe Colo (ETH Zurich)
This paper studies why scientific forecasts regarding exceptional or rare events generally fail to trigger adequate public response. I consider a game of contribution to a public bad. Prior to the game, I assume contributors receive non-verifiable expert advice regarding uncertain damages. In addition, I assume that the expert cares only about social welfare. Under mild assumptions, I show that no information transmission can happen at equilibrium when the number of contributors…
Numbers Tell, Words Sell – Michael Thaler (University College London), Mattie Toma (University of Warwick) and Victor Yaneng Wang (Massachusetts Institute of Technology)
When communicating numeric estimates with policymakers, journalists, or the general public, experts must choose between using numbers or natural language. We run two experiments to study whether experts strategically use language to communicate numeric estimates in order to persuade receivers. In Study 1, senders communicate probabilities of abstract events to receivers on Prolific, and in Study 2 academic researchers communicate the effect sizes in research papers to government policymakers. When…
Welfare and felt duration – Andreas Mogensen (Global Priorities Institute, University of Oxford)
How should we understand the duration of a pleasant or unpleasant sensation, insofar as its duration modulates how good or bad the experience is overall? Given that we seem able to distinguish between subjective and objective duration and that how well or badly someone’s life goes is naturally thought of as something to be assessed from her own perspective, it seems intuitive that it is subjective duration that modulates how good or bad an experience is from the perspective of an individual’s welfare. …