Epistemic status: Speculation from two decently informed advocates armed with anecdata.
Note on process: After having some version of this conversation several times and saying, “we should probably write about this publicly,” we took the less heroic route: we recorded one of our conversations, fed the transcript into an LLM, and then substantially revised the structure, substance, and framing ourselves. We will not be sharing the transcript, as it is in...
TLDR: Take the population ethics quiz here: https://mdickens.me/pop-ethics/
Population ethics is an oft-overlooked subfield within ethics. Many people hold views that they don't realize contradict each other, or that have strange implications that they wouldn't endorse if they thought about it more.
Not just that—population ethics is a BIG DEAL. A lot of ethical decisions hinge on how you think about changes in future populations....
Headline finding: I audited 17 AI Safety Talent programmes. Zero of 17 have published any comparison group, rejected-applicant follow-up, matched control or randomisation. Not one. Every programme that mentions a counterfactual does it by asking participants to self-report.
Background
At least $70 million...
Skimming the studies in the meta-analysis, I am rather sceptical that anything can be concluded from these studies. As far as I can tell, each study investigates how quantity sold varies with the price, but cannot distinguish between demand and supply shocks. If any price changes are instead due to demand shocks, then the estimated coefficient could be severely biased and potentially possess an incorrect sign. Therefore, without a valid instrumental variable that only affects prices through supply-side factors, these coefficients will not be informative of consumers' true substitution patterns.
Thanks for weighing in!
I read your comment to mean that you skimmed the butter and margarine studies that we considered in our brief analysis, but please correct me if I misunderstood.
Yes, I agree that there is very little consideration for price endogeneity in the butter and margarine studies that we found. I could have made that more clear in our report. I suppose that oversight is due to the studies generally skewing older and using older methods. One of the meta-analyses we reviewed (Auer and Papies, 2020) included price endogeneity in their analysis, and they find a positive association between overlooking endogeneity and elasticity size. I do think there are other methodological issues that might be biasing these results--so accounting for price endogeneity may not remove all variation due to methodological issues--but I agree that including strong supply-side instrumental variables would be a nice standard practice.
Thank you for the reply. Indeed, I was referring to the studies engaging with butter-margarine substitution. However, I think it definitely needs emphasising just how weak those studies are and thus that they cannot be trusted to make any policy decisions. Additionally, while relevant, I would not want to use Auer and Papies (2020) as a basis for policy decisions either, as it is quite unclear how comparable those estimates are due to them pooling across a wide range of markets potentially quite different to this one (is the degree of product differentiation the same? groceries could be different to pharmaceuticals or durables). Finally, there is also the issue the papers they synthesise using instruments might not use good ones, but I do not have the time to check that.