I would not want to ignore higher-order effects, and would rather try to bound their expected values, do sensitivity analysis and consider what we do at the level of portfolios of interventions instead of just interventions in isolation, and hedging.
I would not want to ignore higher-order effects, and would rather try to bound their expected values, do sensitivity analysis and consider what we do at the level of portfolios of interventions instead of just interventions in isolation, and hedging.