No, I don’t understand your point. The fact that some people are dying and donating now doesn’t answer the question of whether people who are not dying now should donate or invest now.
If there is a population of let’s say 10 million people that are donators, then there is a certain amount of money per unit time that is being donated. To the recipients of the donation, it would matter less the individual behavior is than the behavior of the population is. So if there is a model whereby holding onto one’s wealth (and being motivated to grow it and enjoy it) results in more money per unit time donated within the population, that would seem to be more effective to me. So , assuming some sort of coordination or at least consensus about the best way to give, is based on not just that one person
I think we may be going round and round. The amount is related to the value by some constant, unless you’re implying a time factor, but as far as I can see, the timing concern is a red herring, as in my model the pump is already primed and wealthy enough donors are dying in week one.
The amount is related to the value by some constant, unless you’re implying a time factor
Yes, I and others have explicitly been saying time is a factor, e.g. see my 2 examples above and comments by others. The amount is likely not related to value by some constant. The value that a given amount of money can buy will vary over time.
but as far as I can see, the timing concern is a red herring, as in my model the pump is already primed and wealthy enough donors are dying in week one.
I’ll be honest, I don’t understand this point, or why it means the value of a donation won’t change over time.
I may just be misunderstanding. But I don’t think there’s much more to say on this, unless e.g. you’re able to share your model on Excel or Google sheets.
No, I don’t understand your point. The fact that some people are dying and donating now doesn’t answer the question of whether people who are not dying now should donate or invest now.
If there is a population of let’s say 10 million people that are donators, then there is a certain amount of money per unit time that is being donated. To the recipients of the donation, it would matter less the individual behavior is than the behavior of the population is. So if there is a model whereby holding onto one’s wealth (and being motivated to grow it and enjoy it) results in more money per unit time donated within the population, that would seem to be more effective to me. So , assuming some sort of coordination or at least consensus about the best way to give, is based on not just that one person
This is still only considering the amount of money donated, not the value of what the money can buy.
I think we may be going round and round. The amount is related to the value by some constant, unless you’re implying a time factor, but as far as I can see, the timing concern is a red herring, as in my model the pump is already primed and wealthy enough donors are dying in week one.
Yes, I and others have explicitly been saying time is a factor, e.g. see my 2 examples above and comments by others. The amount is likely not related to value by some constant. The value that a given amount of money can buy will vary over time.
I’ll be honest, I don’t understand this point, or why it means the value of a donation won’t change over time.
I may just be misunderstanding. But I don’t think there’s much more to say on this, unless e.g. you’re able to share your model on Excel or Google sheets.