Petrov Room, Suite 5, First Floor, Littlegate House, St Ebbes St.
Speaker: Andreas Mogensen (Oxford) and Teru Thomas (Oxford)
Title: 'Literature review: Risk aversion and ambiguity aversion'
The well-known phenomena of risk aversion and ambiguity aversion are relevant to several aspects of altruistic decision-making. These aspects include, but are not limited to: the extent to which one prioritises x-risk mitigation over other altruistic aims, and the extent to which it is rational to diversify funding across causes and/or interventions. In this session, Andreas and Teru will survey the current state of the literature both on the descriptive question of the extent to which preferences with these features are real, and on the normative question of the extent to which they are rational.