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Executive summary: GiveWell makes judgment calls in cost-effectiveness analyses due to imperfect information, aiming to recommend the most impactful giving opportunities.
Key points:
There are gaps and uncertainties in academic evidence that require subjective assessments and adjustments.
GiveWell draws on literature reviews, experts, internal review, and external consultants to inform decisions.
Case studies illustrate judgment calls, like adjusting mortality estimates, valuing disability averted, and predicting government adoption of interventions.
Final recommendations reflect GiveWell’s true beliefs given available data, recognizing some subjectivity.
Transparency allows evaluation of GiveWell’s reasoning behind conclusions.
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