Decision theory and dynamic inconsistency

Here is my current take on decision theory: When making a decision after observing X, we should condition (or causally intervene) on statements like “My decision algorithm outputs Y after observing X.” Updating seems like a description of something you do when making good decisions in this way, not part of defining what a good … More Decision theory and dynamic inconsistency

What is causality to an evidential decision theorist?

(Subsumed by: Timeless Decision Theory, EDT=CDT) People sometimes object to evidential decision theory by saying: “It seems like the distinction between correlation and causation is really important to making good decisions in practice. So how can a theory like EDT, with no role for causality, possibly be right?” Long-time readers probably know my answer, but … More What is causality to an evidential decision theorist?

Demand offsetting

For the last few years I’ve been avoiding factory farmed eggs because I think they involve a lot of unnecessary suffering. I’m hesitant to be part of that even if it’s not a big deal on utilitarian grounds. This is a pain since factory-farmed eggs are used all over the place (e.g. in ice cream, … More Demand offsetting

It’s not economically inefficient for a UBI to reduce recipient’s employment

A UBI (e.g. paying every adult American $8k/year) would reduce recipient’s need for money and so may reduce their incentive to work. This is frequently offered as an argument against a UBI (or as an argument for alternative policies like the EITC that directly incentivize work). This argument is sometimes presented as economically hard-headed realism. … More It’s not economically inefficient for a UBI to reduce recipient’s employment

Hedonic asymmetries

Creating really good outcomes for humanity seems hard. We get bored. If we don’t get bored, we still don’t like the idea of joy without variety. And joyful experiences only seems good if they are real and meaningful (in some sense we can’t easily pin down). And so on. On the flip side, creating really … More Hedonic asymmetries

Moral public goods

Closely related: Moral Trade Suppose that a kingdom contains a million peasants and a thousand nobles, and: Each noble makes as much as 10,000 peasants put together, such that collectively the nobles get 90% of the income. Each noble cares about as much about themselves as they do about all peasants put together. Each person’s … More Moral public goods