GLOBAL PRIORITIES INSTITUTE

Foundational academic research on how to do the most good.

UNIVERSITY OF OXFORD

The Global Priorities Institute is an interdisciplinary research centre at the University of Oxford.

Our aim is to conduct foundational research that informs the decision-making of individuals and institutions seeking to do as much good as possible. We use the tools of multiple academic disciplines, especially philosophy, economics and psychology, to explore the issues at stake.

We prioritise projects whose contributions are unlikely to be otherwise made by the normal run of academic research, and that speak directly to the most crucial considerations such an actor must confront.

Choosing the future: Markets, ethics and rapprochement in social discounting – Antony Millner (University of California, Santa Barbara) and Geoffrey Heal (Columbia University)

This paper provides a critical review of the literature on choosing social discount rates (SDRs) for public cost-benefit analysis. We discuss two dominant approaches, the first based on market prices, and the second based on intertemporal ethics. While both methods have attractive features, neither is immune to criticism. …

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The cross-sectional implications of the social discount rate – Maya Eden (Brandeis University)

How should policy discount future returns? The standard approach to this normative question is to ask how much society should care about future generations relative to people alive today. This paper establishes an alternative approach, based on the social desirability of redistributing from the current old to the current young. …

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Time discounting, consistency and special obligations: a defence of Robust Temporalism – Harry R. Lloyd (Yale University)

This paper defends the claim that mere temporal proximity always and without exception strengthens certain moral duties, including the duty to save – call this view Robust Temporalism. Although almost all other moral philosophers dismiss Robust Temporalism out of hand, I argue that it is prima facie intuitively plausible, and that it is analogous to a view about special obligations that many philosophers already accept…

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