[Update: the tool does capture diminishing marginal cost-effectiveness—see reply]
Cool tool!
I’d be interested to see how it performs if each project has diminishing marginal cost-effectiveness—presumably there would be a lot more diversification. As it stands, it seems better suited to individual decision-making.
Thanks for your feedback, Stan. The tool does indeed capture the diminishing marginal cost-effectiveness of projects; you’re right that it leads to more diversification. By default this setting is on, but you can change how steeply cost-effectiveness diminishes or erase them altogether (see this part of the intro video, and this of the longer features video).
Second, I should just mention that the Moral Parliament Tool is especially valuable for groups because of the methods we offer at the end for reaching an allocation decision. One of our aims is to make it clear that the work isn’t done once you know the distribution of views in your group: you still need to pick a method for moving from that distribution to an allocation, with significant variation in the outcomes depending on the method you select. We hope that flagging this can help teams deliberate about their collective decision-making practices.
[Update: the tool does capture diminishing marginal cost-effectiveness—see reply]
Cool tool!
I’d be interested to see how it performs if each project has diminishing marginal cost-effectiveness—presumably there would be a lot more diversification. As it stands, it seems better suited to individual decision-making.
Thanks for your feedback, Stan. The tool does indeed capture the diminishing marginal cost-effectiveness of projects; you’re right that it leads to more diversification. By default this setting is on, but you can change how steeply cost-effectiveness diminishes or erase them altogether (see this part of the intro video, and this of the longer features video).
Second, I should just mention that the Moral Parliament Tool is especially valuable for groups because of the methods we offer at the end for reaching an allocation decision. One of our aims is to make it clear that the work isn’t done once you know the distribution of views in your group: you still need to pick a method for moving from that distribution to an allocation, with significant variation in the outcomes depending on the method you select. We hope that flagging this can help teams deliberate about their collective decision-making practices.