I think we as a society (or intellectual circle) have a long way to go in terms of understanding EV calcs, but would say here that EV calcs don’t have to be relative to total utility. They could instead be split up into parts in cases where there is uncertainty in how to resolve it from there.
For instance, saying that this intervention ‘saves 1 life per 10k to 30k dollars in region X’ seems fine to me, if it’s a fair interval/estimate. If there are multiple things, maybe, “Every 10k dollars saves 10-30 QALYS in the next 3 years, and separately seems to decrease the long term risks by Y factor”
I think we as a society (or intellectual circle) have a long way to go in terms of understanding EV calcs, but would say here that EV calcs don’t have to be relative to total utility. They could instead be split up into parts in cases where there is uncertainty in how to resolve it from there.
For instance, saying that this intervention ‘saves 1 life per 10k to 30k dollars in region X’ seems fine to me, if it’s a fair interval/estimate. If there are multiple things, maybe, “Every 10k dollars saves 10-30 QALYS in the next 3 years, and separately seems to decrease the long term risks by Y factor”