The Significance, Persistence, Contingency Framework
William MacAskill, Teruji Thomas (Global Priorities Institute, University of Oxford) and Aron Vallinder (Forethought Foundation for Global Priorities Institute)
GPI Technical Report No. T1-2022
The world, considered from beginning to end, combines many different features, or states of affairs, that contribute to its value. The value of each feature can be factored into its significance—its average value per unit time—and its persistence—how long it lasts. Sometimes, though, we want to ask a further question: how much of the feature’s value can be attributed to a particular agent’s decision at a particular point in time (or to some other originating event)? In other words, to what extent is the feature’s value contingent on the agent’s choice? For this, we must also look at the counterfactual: how would things have turned out otherwise?
Other working papers
Aggregating Small Risks of Serious Harms – Tomi Francis (Global Priorities Institute, University of Oxford)
According to Partial Aggregation, a serious harm can be outweighed by a large number of somewhat less serious harms, but can outweigh any number of trivial harms. In this paper, I address the question of how we should extend Partial Aggregation to cases of risk, and especially to cases involving small risks of serious harms. I argue that, contrary to the most popular versions of the ex ante and ex post views, we should sometimes prevent a small risk that a large number of people will suffer serious harms rather than prevent…
Moral uncertainty and public justification – Jacob Barrett (Global Priorities Institute, University of Oxford) and Andreas T Schmidt (University of Groningen)
Moral uncertainty and disagreement pervade our lives. Yet we still need to make decisions and act, both in individual and political contexts. So, what should we do? The moral uncertainty approach provides a theory of what individuals morally ought to do when they are uncertain about morality…
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. …