I agree, pricing in impact seems reasonable. But do you think this is currently happening? if so, by what mechanism? I think the discrepancies between Redwood and ACE salaries are much more likely explained by norms at the respective orgs and funding constraints rather than some explicit pricing of impact.
I agree the system is far from perfect and we still have a lot of room to grow. Broadly I think donors (albeit imperfectly) give more money to places they think are expected to have higher impact, and an org prioritizes (albeit imperfectly) having higher staffing costs if they think staffing on the margin is relatively more important to the org’s marginal success.
I think we’re far from that idealistic position now but we can and are slowly moving towards it.
I agree, pricing in impact seems reasonable. But do you think this is currently happening? if so, by what mechanism? I think the discrepancies between Redwood and ACE salaries are much more likely explained by norms at the respective orgs and funding constraints rather than some explicit pricing of impact.
I agree the system is far from perfect and we still have a lot of room to grow. Broadly I think donors (albeit imperfectly) give more money to places they think are expected to have higher impact, and an org prioritizes (albeit imperfectly) having higher staffing costs if they think staffing on the margin is relatively more important to the org’s marginal success.
I think we’re far from that idealistic position now but we can and are slowly moving towards it.