Models sequential development as ordered Pandora's box with prepaid scope as state variable, proves scope-dependent reservation values exist and are unique, and characterizes optimal search as paid-scope-indexed threshold rule.
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Competitive pressures in AI development create collective action problems that may require industry cooperation, with key factors and strategies identified to enable responsible outcomes.
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Sequential Search with Planning
Models sequential development as ordered Pandora's box with prepaid scope as state variable, proves scope-dependent reservation values exist and are unique, and characterizes optimal search as paid-scope-indexed threshold rule.
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The Role of Cooperation in Responsible AI Development
Competitive pressures in AI development create collective action problems that may require industry cooperation, with key factors and strategies identified to enable responsible outcomes.