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
In defence of fanaticism – Hayden Wilkinson (Australian National University)
Consider a decision between: 1) a certainty of a moderately good outcome, such as one additional life saved; 2) a lottery which probably gives a worse outcome, but has a tiny probability of a far better outcome (perhaps trillions of blissful lives created). Which is morally better? Expected value theory (with a plausible axiology) judges (2) as better, no matter how tiny its probability of success. But this seems fanatical. So we may be tempted to abandon expected value theory…
Non-additive axiologies in large worlds – Christian Tarsney and Teruji Thomas (Global Priorities Institute, Oxford University)
Is the overall value of a world just the sum of values contributed by each value-bearing entity in that world? Additively separable axiologies (like total utilitarianism, prioritarianism, and critical level views) say ‘yes’, but non-additive axiologies (like average utilitarianism, rank-discounted utilitarianism, and variable value views) say ‘no’…
Can an evidentialist be risk-averse? – Hayden Wilkinson (Global Priorities Institute, University of Oxford)
Two key questions of normative decision theory are: 1) whether the probabilities relevant to decision theory are evidential or causal; and 2) whether agents should be risk-neutral, and so maximise the expected value of the outcome, or instead risk-averse (or otherwise sensitive to risk). These questions are typically thought to be independent – that our answer to one bears little on our answer to the other. …