I think this point is really important. If the charity raises 20 million from GiveWell that’s great, but counterfactual impact is unlikely to be very big. If they raise it though from other foundations or individuals, I would say the counterfactul impact per dollar might be 5-10x as much.
But in general agree with almost everythng @huw nicely points out here.
And yes don’t expevt @huw to account for this in a calculation. I think it would be nice to have a super well-researched estimate of “Value per dollar” of givewell funding vs. other foundations, and am surprised this hasn’t been done.
I think this point is really important. If the charity raises 20 million from GiveWell that’s great, but counterfactual impact is unlikely to be very big. If they raise it though from other foundations or individuals, I would say the counterfactul impact per dollar might be 5-10x as much.
But in general agree with almost everythng @huw nicely points out here.
And yes don’t expevt @huw to account for this in a calculation. I think it would be nice to have a super well-researched estimate of “Value per dollar” of givewell funding vs. other foundations, and am surprised this hasn’t been done.