The Probabilistic Price of Life Across Time: Generational and Probabilistic Distance Render a Life Today Worth More Than Ten Tomorrow

Is the certainty of saving a life today worth more than the less-certain possibility of saving 10 lives tomorrow? In six pre-registered studies with U.S. samples from Prolific (<i>N</i> = 5,095), we employed an intergenerational probability discounting task, discovering people discount the value of life as uncertainty and intergenerational distance from the present increase. Specifically, as uncertainty about impacting the future rises, individuals increasingly prioritize saving fewer present lives over more future lives, particularly for more distant future beneficiaries (Studies 1-2b). Experimental evidence (Studies 3a-4) suggests that certainty perceptions drive intergenerational concern, rather than the inverse. Drawing upon seminal research from cognitive science and behavioral economics, these findings address gaps in emerging social psychological inquiry into long-term intergenerational concern, shed light on mechanisms underlying debates on the ethical philosophy of longtermism, and highlight practical implications for decision-makers, stressing the need to increase certainty perceptions surrounding about pro-future actions to enhance intergenerational beneficence.

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Publication Details

Journal
Personality and Social Psychology Bulletin
Published
2024-12-16
DOI
https://doi.org/10.1177/01461672241303993
Citations
2
Primary Topic
Decision-Making and Behavioral Economics
Type
article
Field-Weighted Citation Impact
1.07

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article

The Probabilistic Price of Life Across Time: Generational and Probabilistic Distance Render a Life Today Worth More Than Ten Tomorrow

Stylianos Syropoulos, Kyle Fiore Law, Brendan Bo O’Connor, Liane Young
2 citations
Personality and Social Psychology Bulletin
Decision-Making and Behavioral Economics
1.07
article

The Probabilistic Price of Life Across Time: Generational and Probabilistic Distance Render a Life Today Worth More Than Ten Tomorrow

Stylianos Syropoulos, Kyle Fiore Law, Brendan Bo O’Connor, Liane Young
article en
2 citations

Abstract

Is the certainty of saving a life today worth more than the less-certain possibility of saving 10 lives tomorrow? In six pre-registered studies with U.S. samples from Prolific (<i>N</i> = 5,095), we employed an intergenerational probability discounting task, discovering people discount the value of life as uncertainty and intergenerational distance from the present increase. Specifically, as uncertainty about impacting the future rises, individuals increasingly prioritize saving fewer present lives over more future lives, particularly for more distant future beneficiaries (Studies 1-2b). Experimental evidence (Studies 3a-4) suggests that certainty perceptions drive intergenerational concern, rather than the inverse. Drawing upon seminal research from cognitive science and behavioral economics, these findings address gaps in emerging social psychological inquiry into long-term intergenerational concern, shed light on mechanisms underlying debates on the ethical philosophy of longtermism, and highlight practical implications for decision-makers, stressing the need to increase certainty perceptions surrounding about pro-future actions to enhance intergenerational beneficence.

Personality and Social Psychology BulletinVol. 52(4)
Boston College (US), Albany State University (US), University at Albany, State University of New York (US)
John Templeton Foundation
Peace, Justice and strong institutions
Openalex Percentile: Top 21%
Decision-Making and Behavioral Economics
1.07
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The Probabilistic Price of Life Across Time: Generational and Probabilistic Distance Render a Life Today Worth More Than Ten Tomorrow — Stylianos Syropoulos, Kyle Fiore Law, et al. · Personality and Social Psychology Bulletin (2024) | TGRS Research Map | TGRS