Is there any basis for Hubbard’s ‘spend 1/10th of the max’ rule of thumb? It seems arbitrary. Is there any evidence or information-theoretic justification for this?
On a related note, one could make a case that the ‘benefit of research for informing Givewell’s decisions’ might understate the global benefits, if the research informs other research and decisionmaking outside of GW.
Is there any basis for Hubbard’s ‘spend 1/10th of the max’ rule of thumb? It seems arbitrary. Is there any evidence or information-theoretic justification for this?
On a related note, one could make a case that the ‘benefit of research for informing Givewell’s decisions’ might understate the global benefits, if the research informs other research and decisionmaking outside of GW.