@Lucius Caviola and I discuss such issues in Chapter 9 of our recent book. If I understand your argument correctly I think our suggested solution (splitting donations between a highly effective charity and the originally preferred “favourite” charity) amounts to what you call a barbell strategy.
Huh, the convergent lines of thought are pretty cool!
Your suggested solution is indeed what I’m also gesturing towards. A “barbell strategy” works best if we only have few dimensions we don’t want to make comparable, I think.
(AFAIU It grows only linearly, but we still want to perform some sampling of the top options to avoid the winners curse?)
@Lucius Caviola and I discuss such issues in Chapter 9 of our recent book. If I understand your argument correctly I think our suggested solution (splitting donations between a highly effective charity and the originally preferred “favourite” charity) amounts to what you call a barbell strategy.
Huh, the convergent lines of thought are pretty cool!
Your suggested solution is indeed what I’m also gesturing towards. A “barbell strategy” works best if we only have few dimensions we don’t want to make comparable, I think.
(AFAIU It grows only linearly, but we still want to perform some sampling of the top options to avoid the winners curse?)