What is the level weighted by total funding per project?
I don’t understand what this means. Can you put it another way? Feel free to use real or hypothetical examples.
For example, imagine there are only two projects in the entire EA movement. Christie’s Chapters is an EA group that supports volunteers in creating local chapters, which is three levels removed from direct impact. Boris’s Bednets is a fundraising org that raises money for AMF, which is one level removed from impact. The average meta level is thus (3 + 1)/2 = 2.
Another way to look at it is to weigh by funding. If Christie’s Chapters has $1M but Boris’s Bednets has $10M, we should weigh Boris’s Bednets much more highly since more resources are going to it. We thus apply a weighted average (3$1M + 1$10M) / $11M = 1.18.
For example, imagine there are only two projects in the entire EA movement. Christie’s Chapters is an EA group that supports volunteers in creating local chapters, which is three levels removed from direct impact. Boris’s Bednets is a fundraising org that raises money for AMF, which is one level removed from impact. The average meta level is thus (3 + 1)/2 = 2.
Another way to look at it is to weigh by funding. If Christie’s Chapters has $1M but Boris’s Bednets has $10M, we should weigh Boris’s Bednets much more highly since more resources are going to it. We thus apply a weighted average (3$1M + 1$10M) / $11M = 1.18.
This makes lots of sense, thanks. I can now carry on with the project of checking all this money moved, including with weighted averages.
Was this selection inspired by Boris Yakubchik?