“This is relevant because as the variance of our subjective probability distribution for the net impact of each charity grows, the (absolute value of the) ratio of the actual cost-effectiveness values of the two charities will probably shrink”
I have written this simple program to confirm that statement.
“This is relevant because as the variance of our subjective probability distribution for the net impact of each charity grows, the (absolute value of the) ratio of the actual cost-effectiveness values of the two charities will probably shrink”
I have written this simple program to confirm that statement.