Where I’ve seen the “half-speed” phenomenon recently
I think donations are another common example. If the goal is maximising the impact of a donation, for small donors, it makes sense to donate to what we think has the highest marginal cost-effectiveness at the margin.
Nice post!
I think donations are another common example. If the goal is maximising the impact of a donation, for small donors, it makes sense to donate to what we think has the highest marginal cost-effectiveness at the margin.