Those seem really high flow through effects to me! £2000 saves one life, but you could easily see it doing as much good as saving 600!
How are you arriving at the figure? The argument that “if you value all times equally, the flow through effects are 99.99...% of the impact” would actually seem to show that they dominated the immediate effects much more than this. (I’m hoping there’s a reason why this observation is very misleading.) So what informal argument are you using?
I more or less made up the numbers on the spot. I expect flow-through effects to dominate direct effects, but I don’t know if I should assume that they will be astronomically bigger. The argument I’m making here is really more qualitative. In practice, I assume that AMF takes $3000 to save a life, but I don’t put much credence in the certainty of this number.
Those seem really high flow through effects to me! £2000 saves one life, but you could easily see it doing as much good as saving 600!
How are you arriving at the figure? The argument that “if you value all times equally, the flow through effects are 99.99...% of the impact” would actually seem to show that they dominated the immediate effects much more than this. (I’m hoping there’s a reason why this observation is very misleading.) So what informal argument are you using?
I more or less made up the numbers on the spot. I expect flow-through effects to dominate direct effects, but I don’t know if I should assume that they will be astronomically bigger. The argument I’m making here is really more qualitative. In practice, I assume that AMF takes $3000 to save a life, but I don’t put much credence in the certainty of this number.