Executive summary: Rethink Priorities has developed a Portfolio Builder Tool to help users evaluate and optimize philanthropic giving portfolios across cause areas, taking into account cost-effectiveness curves, probability distributions, and decision theories.
Key points:
The tool allows users to find optimal portfolios and calculate values for specified portfolios based on inputted parameters and decision procedures.
Key components include cost-effectiveness curves, probability distributions of outcomes, and various decision theories (e.g. Expected Value, Risk-Weighted Expected Value).
Outputs include an optimal proposed portfolio allocation and scores under different decision theories.
General trends show existential risk mitigation faring well under Expected Value maximization, while risk aversion favors Global Health and Animal Welfare.
The tool can be used to determine ideal resource allocation across the community or to evaluate personal top charitable ventures.
Users can start with a simple quiz or customize parameters in more detail for advanced analysis.
This comment was auto-generated by the EA Forum Team. Feel free to point out issues with this summary by replying to the comment, andcontact us if you have feedback.
Executive summary: Rethink Priorities has developed a Portfolio Builder Tool to help users evaluate and optimize philanthropic giving portfolios across cause areas, taking into account cost-effectiveness curves, probability distributions, and decision theories.
Key points:
The tool allows users to find optimal portfolios and calculate values for specified portfolios based on inputted parameters and decision procedures.
Key components include cost-effectiveness curves, probability distributions of outcomes, and various decision theories (e.g. Expected Value, Risk-Weighted Expected Value).
Outputs include an optimal proposed portfolio allocation and scores under different decision theories.
General trends show existential risk mitigation faring well under Expected Value maximization, while risk aversion favors Global Health and Animal Welfare.
The tool can be used to determine ideal resource allocation across the community or to evaluate personal top charitable ventures.
Users can start with a simple quiz or customize parameters in more detail for advanced analysis.
This comment was auto-generated by the EA Forum Team. Feel free to point out issues with this summary by replying to the comment, and contact us if you have feedback.