We don’t have a hundred biases, we have the wrong model


Blog by Jason Collins: “…Behavioral economics today is famous for its increasingly large collection of deviations from rationality, or, as they are often called, ‘biases’. While useful in applied work, it is time to shift our focus from collecting deviations from a model of rationality that we know is not true. Rather, we need to develop new theories of human decision to progress behavioral economics as a science. We need heliocentrism. 

The dominant model of human decision-making across many disciplines, including my own, economics, is the rational-actor model. People make decisions based on their preferences and the constraints that they face. Whether implicitly or explicitly, they typically have the computational power to calculate the best decision and the willpower to carry it out. It’s a fiction but a useful one.

As has become broadly known through the growth of behavioral economics, there are many deviations from this model. (I am going to use the term behavioral economics through this article as a shorthand for the field that undoubtedly extends beyond economics to social psychology, behavioral science, and more.) This list of deviations has grown to the extent that if you visit the Wikipedia page ‘List of Cognitive Biases’ you will now see in excess of 200 biases and ‘effects’. These range from the classics described in the seminal papers of Amos Tversky and Daniel Kahneman through to the obscure.

We are still at the collection-of-deviations stage. There are not 200 human biases. There are 200 deviations from the wrong model…(More)”

Who Is Falling for Fake News?


Article by Angie Basiouny: “People who read fake news online aren’t doomed to fall into a deep echo chamber where the only sound they hear is their own ideology, according to a revealing new study from Wharton.

Surprisingly, readers who regularly browse fake news stories served up by social media algorithms are more likely to diversify their news diet by seeking out mainstream sources. These well-rounded news junkies make up more than 97% of online readers, compared with the scant 2.8% who consume online fake news exclusively.

“We find that these echo chambers that people worry about are very shallow. This idea that the internet is creating an echo chamber is just not holding out to be true,” said Senthil Veeraraghavan, a Wharton professor of operations, information and decisions.

Veeraraghavan is co-author of the paper, “Does Fake News Create Echo Chambers?” It was also written by Ken Moon, Wharton professor of operations, information and decisions, and Jiding Zhang, an assistant operations management professor at New York University Shanghai who earned her doctorate at Wharton.

The study, which examined the browsing activity of nearly 31,000 households during 2017, offers empirical evidence that goes against popular beliefs about echo chambers. While echo chambers certainly are dark and dangerous places, they aren’t metaphorical black holes that suck in every person who reads an article about, say, Obama birtherism theory or conspiracies about COVID-19 vaccines. The study found that households exposed to fake news actually increase their exposure to mainstream news by 9.1%.

“We were surprised, although we were very aware going in that there was much that we did not know,” Moon said. “One thing we wanted to see is how much fake news is out there. How do we figure out what’s fake and what’s not, and who is producing the fake news and why? The economic structure of that matters from a business perspective.”…(More)”

Whither Nudge? The Debate Itself Offers Lessons on the Influence of Social Science


Blog by Tony Hockley: “Pursuing impact can be a disturbing balancing act between spin and substance. Underdo the spin whilst maintaining substance and the impact will likely be zero, but credibility is upheld. Overdo the spin and risk the substance being diluted by marketing and misappropriation. The story of Nudge offers insights into what can happen when research has an unpredictably large impact in the world of politics and policy.

Has Nudge overdone the spin, and how much is a one-word book title to blame if it has? It is certainly true that the usual academic balancing act of spin versus substance was tipped by a publisher’s suggestion of snappy title instead of the usual academic tongue-twister intelligible only to the initiated. Under the title Nudge the book found a receptive audience of policymakers looking to fix problems easily and on the cheap after the 2008 economic crash, and a public policy community eager to adopt exciting new terminology into their own areas of interest. ‘Behavioural Insights Teams’ quickly sprang up around the world, dubbed (very inaccurately) as “nudge units.” There was little discernible push-back against this high-level misappropriation of the term, the general excitement, and the loss of strict definition attached to the authors’ underlying concept for nudge policies of “libertarian paternalism.” In short, the authors had lost control of their own work. The book became a global bestseller. In 2021 it was updated and republished, in what was described as “the final edition.” Perhaps in recognition that the concept had stretched to the end of its logical road?…(More)”.

The New Moral Mathematics


Book Review by Kieran Setiya: “Space is big,” wrote Douglas Adams in The Hitchhiker’s Guide to the Galaxy (1979). “You just won’t believe how vastly, hugely, mind-bogglingly big it is. I mean, you may think it’s a long way down the road to the chemist’s, but that’s just peanuts to space.”

What we do now affects future people in dramatic ways—above all, whether they will exist at all.

Time is big, too—even if we just think on the timescale of a species. We’ve been around for approximately 300,000 years. There are now about 8 billion of us, roughly 15 percent of all humans who have ever lived. You may think that’s a lot, but it’s just peanuts to the future. If we survive for another million years—the longevity of a typical mammalian species—at even a tenth of our current population, there will be 8 trillion more of us. We’ll be outnumbered by future people on the scale of a thousand to one.

What we do now affects those future people in dramatic ways: whether they will exist at all and in what numbers; what values they embrace; what sort of planet they inherit; what sorts of lives they lead. It’s as if we’re trapped on a tiny island while our actions determine the habitability of a vast continent and the life prospects of the many who may, or may not, inhabit it. What an awful responsibility.

This is the perspective of the “longtermist,” for whom the history of human life so far stands to the future of humanity as a trip to the chemist’s stands to a mission to Mars.

Oxford philosophers William MacAskill and Toby Ord, both affiliated with the university’s Future of Humanity Institute, coined the word “longtermism” five years ago. Their outlook draws on utilitarian thinking about morality. According to utilitarianism—a moral theory developed by Jeremy Bentham and John Stuart Mill in the nineteenth century—we are morally required to maximize expected aggregate well-being, adding points for every moment of happiness, subtracting points for suffering, and discounting for probability. When you do this, you find that tiny chances of extinction swamp the moral mathematics. If you could save a million lives today or shave 0.0001 percent off the probability of premature human extinction—a one in a million chance of saving at least 8 trillion lives—you should do the latter, allowing a million people to die.

Now, as many have noted since its origin, utilitarianism is a radically counterintuitive moral view. It tells us that we cannot give more weight to our own interests or the interests of those we love than the interests of perfect strangers. We must sacrifice everything for the greater good. Worse, it tells us that we should do so by any effective means: if we can shave 0.0001 percent off the probability of human extinction by killing a million people, we should—so long as there are no other adverse effects.

But even if you think we are allowed to prioritize ourselves and those we love, and not allowed to violate the rights of some in order to help others, shouldn’t you still care about the fate of strangers, even those who do not yet exist? The moral mathematics of aggregate well-being may not be the whole of ethics, but isn’t it a vital part? It belongs to the domain of morality we call “altruism” or “charity.” When we ask what we should do to benefit others, we can’t ignore the disquieting fact that the others who occupy the future may vastly outnumber those who occupy the present, and that their very existence depends on us.

From this point of view, it’s an urgent question how what we do today will affect the further future—urgent especially when it comes to what Nick Bostrom, the philosopher who directs the Future of Humanity Institute, calls the “existential risk” of human extinction. This is the question MacAskill takes up in his new book, What We Owe the Future, a densely researched but surprisingly light read that ranges from omnicidal pandemics to our new AI overlords without ever becoming bleak…(More)”.

Protecting Children in Cyberconflicts


Paper by Eleonore Pauwels: “Just as digital technologies have transformed myriad aspects of daily life, they are now transforming war, politics and the social fabric.

This rapid analysis examines the ways in which cyberconflict adversely affects children and offers actions that could strengthen safeguards to protect them.

Cyberconflict can impact children directly or indirectly. Harms range from direct targeting for influence and recruitment into armed forces and armed groups, to personal data manipulation and theft, to cyber attacks on infrastructure across sectors critical to child well-being such as education and health facilities.

Many experts believe that the combination of existing international humanitarian law, international criminal law, human rights law, and child rights law is adequate to address the emerging issues posed by cyberconflict. Nevertheless, several key challenges persist. Attribution of cyber attacks to specific actors and ensuring accountability has proven challenging, particularly in the so-called grey zone between war and peace.

There is an urgent need to clarify how child rights apply in the digital space and for Member States to place these rights at the centre of regulatory frameworks and legislation on new technologies…(More)”.

Unsustainable Alarmism


Essay by Taylor Dotson: “Covid is far from the only global challenge we see depicted as a cataclysm in the making. In 1968, Paul Ehrlich predicted impending famine and social collapse driven by overpopulation. He compared the threat to a ticking bomb — the “population bomb.” And the claim that only a few years remain to prevent climate doom has become a familiar refrain. The recent film Don’t Look Up, about a comet barreling toward Earth, is obviously meant as an allegory for climate catastrophe.

But catastrophism fails to capture the complexities of problems that play out over a long time scale, like Covid and climate change. In a tornado or a flood, which are not only undeniably serious but also require immediate action to prevent destruction, people drop political disputes to do what is necessary to save lives. They bring their loved ones to higher ground. They stack sandbags. They gather in tornado shelters. They evacuate. Covid began as a flood in early 2020, but once a danger becomes long and grinding, catastrophism loses its purchase, and more measured public thinking is required.

Even if the extension of catastrophic rhetoric to longer-term and more complex problems is well-intentioned, it unavoidably implies that something is morally or mentally wrong with the people who fail to take heed. It makes those who are not already horrified, who do not treat the crisis as an undeniable, act-now-or-never calamity, harder to comprehend: What idiot wouldn’t do everything possible to avert catastrophe? This kind of thinking is why global challenges are no longer multifaceted dilemmas to negotiate together; they have become conflicts between those who recognize the self-evident truth and those who have taken flight from reality….(More)”.

Digital Literacy Doesn’t Stop the Spread of Misinformation


Article by David Rand, and Nathaniel Sirlin: “There has been tremendous concern recently over misinformation on social media. It was a pervasive topic during the 2020 U.S. presidential election, continues to be an issue during the COVID-19 pandemic and plays an important part in Russian propaganda efforts in the war on Ukraine. This concern is plenty justified, as the consequences of believing false information are arguably shaping the future of nations and greatly affecting our individual and collective health.

One popular theory about why some people fall for misinformation they encounter online is that they lack digital literacy skills, a nebulous term that describes how a person navigates digital spaces. Someone lacking digital literacy skills, the thinking goes, may be more susceptible to believing—and sharing—false information. As a result, less digitally literate people may play a significant role in the spread of misinformation.

This argument makes intuitive sense. Yet very little research has actually investigated the link between digital literacy and susceptibility to believe false information. There’s even less understanding of the potential link between digital literacy and what people share on social media. As researchers who study the psychology of online misinformation, we wanted to explore these potential associations….

When we looked at the connection between digital literacy and the willingness to share false information with others through social media, however, the results were different. People who were more digitally literate were just as likely to say they’d share false articles as people who lacked digital literacy. Like the first finding, the (lack of) connection between digital literacy and sharing false news was not affected by political party affiliation or whether the topic was politics or the pandemic…(More)”

How Minds Change


Book by  David McRaney: “What made a prominent conspiracy-theorist YouTuber finally see that 9/11 was not a hoax? How do voter opinions shift from neutral to resolute? Can widespread social change only take place when a generation dies out? From one of our greatest thinkers on reasoning, HOW MINDS CHANGE is a book about the science, and the experience, of transformation.
 
When self-delusion expert and psychology nerd David McRaney began a book about how to change someone’s mind in one conversation, he never expected to change his own. But then a diehard 9/11 Truther’s conversion blew up his theories—inspiring him to ask not just how to persuade, but why we believe, from the eye of the beholder. Delving into the latest research of psychologists and neuroscientists, HOW MINDS CHANGE explores the limits of reasoning, the power of groupthink, and the effects of deep canvassing. Told with McRaney’s trademark sense of humor, compassion, and scientific curiosity, it’s an eye-opening journey among cult members, conspiracy theorists, and political activists, from Westboro Baptist Church picketers to LGBTQ campaigners in California—that ultimately challenges us to question our own motives and beliefs. In an age of dangerous conspiratorial thinking, can we rise to the occasion with empathy?
 
An expansive, big-hearted journalistic narrative, HOW MINDS CHANGE reaches surprising and thought-provoking conclusions, to demonstrate the rare but transformative circumstances under which minds can change…(More)”.

Confronting Reality in Cyberspace: Foreign Policy for a Fragmented Internet


Report by Council on Foreign Affairs Task Force: “…The Task Force proposes three pillars to a foreign policy that should guide Washington’s adaptation to today’s more complex, variegated, and dangerous cyber realm.

First, Washington should confront reality and consolidate a coalition of allies and friends around a vision of the internet that preserves—to the greatest degree possible—a trusted, protected international communication platform.

Second, the United States should balance more targeted diplomatic and economic pressure on adversaries, as well as more disruptive cyber operations, with clear statements about self-imposed restraint on specific types of targets agreed to among U.S. allies.

Third, the United States needs to put its own proverbial house in order. That requirement calls for Washington to link more cohesively its policy for digital competition with the broader enterprise of national security strategy.

The major recommendations of the Task Force are as follows:

  • Build a digital trade agreement among trusted partners.
  • Agree to and adopt a shared policy on digital privacy that is interoperable with Europe’s General Data Protection Regulation (GDPR).
  • Resolve outstanding issues on U.S.-European Union (EU) data transfers.
  • Create an international cybercrime center.
  • Launch a focused program for cyber aid and infrastructure development.
  • Work jointly across partners to retain technology superiority.
  • Declare norms against destructive attacks on election and financial systems.
  • Negotiate with adversaries to establish limits on cyber operations directed at nuclear command, control, and communications (NC3) systems.
  • Develop coalition-wide practices for the Vulnerabilities Equities Process (VEP).
  • Adopt greater transparency about defend forward actions.
  • Hold states accountable for malicious activity emanating from their territories.
  • Make digital competition a pillar of the national security strategy.
  • Clean up U.S. cyberspace by offering incentives for internet service providers (ISPs) and cloud providers to reduce malicious activity within their infrastructure.
  • Address the domestic intelligence gap.
  • Promote the exchange of and collaboration among talent from trusted partners.
  • Develop the expertise for cyber foreign policy.

A free, global, and open internet was a worthy aspiration that helped guide U.S. policymakers for the internet’s first thirty years. The internet as it exists today, however, demands a reconsideration of U.S. cyber and foreign policies to confront these new realities. The Task Force believes that U.S. goals moving forward will be more limited and thus more attainable, but the United States needs to act quickly to design strategies and tactics that can ameliorate an urgent threat…(More)”.

Rules: A Short History of What We Live By


Book by Lorraine Daston: “Rules order almost every aspect of our lives. They set our work hours, dictate how we drive and set the table, tell us whether to offer an extended hand or cheek in greeting, and organize the rites of life, from birth through death. We may chafe under the rules we have, and yearn for ones we don’t, yet no culture could do without them. In Rules, historian Lorraine Daston traces their development in the Western tradition and shows how rules have evolved from ancient to modern times. Drawing on a rich trove of examples, including legal treatises, cookbooks, military manuals, traffic regulations, and game handbooks, Daston demonstrates that while the content of rules is dazzlingly diverse, the forms that they take are surprisingly few and long-lived.

Daston uncovers three enduring kinds of rules: the algorithms that calculate and measure, the laws that govern, and the models that teach. She vividly illustrates how rules can change—how supple rules stiffen, or vice versa, and how once bothersome regulations become everyday norms. Rules have been devised for almost every imaginable activity and range from meticulous regulations to the laws of nature. Daston probes beneath this variety to investigate when rules work and when they don’t, and why some philosophical problems about rules are as ancient as philosophy itself while others are as modern as calculating machines….(More)”.