Also, it seems from the auction structure that people should only apply with things where they feel reasonably confident that your impact assessment will value it higher than theirs. Can you give any guidance about what kinds of things these might be?
If you apply and our willingness-to-pay is lower than yours, then we won’t buy anything from you. Hopefully this isn’t too bad, though you will have lost the time required to submit an application. If you are on the fence you might want to wait until the second round when you see what the prices look like in this round.
In general, I hope that the prices in earlier rounds will be informative for people deciding whether/what to apply with in follow-up rounds.
One reason I may be willing to pay more than someone else is that I’ve used the lowest-hanging opportunities to turn my money into my time, whereas many EA’s have tighter budget constraints and so may have cheaper opportunities available.
Also, it seems from the auction structure that people should only apply with things where they feel reasonably confident that your impact assessment will value it higher than theirs. Can you give any guidance about what kinds of things these might be?
If you apply and our willingness-to-pay is lower than yours, then we won’t buy anything from you. Hopefully this isn’t too bad, though you will have lost the time required to submit an application. If you are on the fence you might want to wait until the second round when you see what the prices look like in this round.
In general, I hope that the prices in earlier rounds will be informative for people deciding whether/what to apply with in follow-up rounds.
One reason I may be willing to pay more than someone else is that I’ve used the lowest-hanging opportunities to turn my money into my time, whereas many EA’s have tighter budget constraints and so may have cheaper opportunities available.